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Might makes rights: A theory of the formation and initial distribution of property rights

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J Umbeck - Economic Inquiry, 1981 - Wiley Online Library
This paper is a theoretical and empirical investigation into the formation and initial
distribution of property rights. Violence is singled out as a major constraint on this formation
process. Its role is explicitly modeled in a choice theoretic framework and some of the ...
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[CITATION] A theory of property rights: With application to the California gold rush

JR Umbeck - 1981 - getcited.org
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Theory of Contract Choice and the California Gold Rush, A

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J Umbeck - JL & Econ., 1977 - HeinOnline
IVERY time an exchange takes place between two or more people there is a contract, either
explicit or implicit. These contracts can take a variety of forms which are subject to the
discretion of the contracting parties. The purpose of this paper is to examine the nature of ...
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The effects of different contractual arrangements: The case of retail gasoline markets

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JM Barron… - Journal of Law and Economics, 1984 - JSTOR
Page 1. THE EFFECTS OF DIFFERENT CONTRACTUAL ARRANGEMENTS: THE
CASE OF RETAIL GASOLINE MARKETS* JOHN M. BARRON and JOHN R. UMBECK
Purdue University I. INTRODUCTION A CONTRACT is ...
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[PDF] The California gold rush: a study of emerging property rights

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J Umbeck - Explorations in Economic History, 1977 - sfu.ca
For over 2000 years political philosophers, historians, anthropologists, and sociologists
have sought an explanation for the emergence of private property rights (I). More recently,
economists have joined in the search (2). This paper was written to present some of my ...
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Number of sellers, average prices, and price dispersion

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JM Barron, BA Taylor… - International Journal of Industrial …, 2004 - Elsevier
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[CITATION] Market share/market power revisited: a new test for an old theory

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M Staten, J Umbeck… - Journal of Health Economics, 1988 - ideas.repec.org
If you experience problems downloading a file, check if you have the proper application to
view it first. Information about this may be contained in the File-Format links below. In case of
further problems read the IDEAS help page. Note that these files are not on the IDEAS site ...
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Market share and the illusion of power:: Can blue cross force hospitals to discount?

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M Staten, W Dunkelberg… - Journal of Health Economics, 1987 - Elsevier
Abstract Researchers in health care financing have claimed that large private insurers like
Blue Cross frequently exercise monopsony power to obtain discounts from normal hospital
charges. They claim that the monopsony power derives from a large Blue Cross share of a ...
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Shipping the Good Apples Out: Some Ambiguities in the Interpretation of" Fixed Charge"

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J Umbeck - The Journal of Political Economy, 1980 - JSTOR
In a recent article titled" Shipping the Good Apples Out: The Alchian and Allen Theorem
Reconsidered," Thomas Borcherding and Eugene Silberberg reformulated a hypothesis first
proposed by Alchian and Allen 14 years ago (Borcherding and Silberberg 1978). The ...
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A theory of quality‐related differences in retail margins: why there is a 'premium'on premium gasoline

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JM Barron, BA Taylor… - Economic Inquiry, 2000 - Wiley Online Library
Page 1. Economic Inquiry (ISSN 0095-2583) Vol. 38, No. 4, October 2000, 550–569 © Western
Economic Association International A THEORY OF QUALITY-RELATED DIFFERENCES IN
RETAIL MARGINS: WHY THERE IS A “PREMIUM” ON PREMIUM GASOLINE ...
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[CITATION] A Theory of Property Rights

JR Umbeck - 1981
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Information costs and incentives to shirk: Disability compensation of air traffic controllers

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ME Staten… - The American Economic Review, 1982 - JSTOR
It has become fashionable in recent years to level charges of abuse at a variety of social
welfare programs. Unemployment insurance and certain disability compensation programs
come to mind as targets of a barrage of criticism based on inherent work disincentives and ...
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Predatory pricing: the case of the retail gasoline market

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JM Barron, MA Loewenstein… - Contemporary Economic …, 1985 - Wiley Online Library
... tomorrow.” REFERENCES Areeda, Phillip, and Donald Turner, “Predatory Pricing
and Related Practices Under Section 2 Barron, John, and John Umbeck, “A Dubious
Bill of Divorcement: The Case of Oil Refiners ,“The Effects ...
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Discounts for cash in retail gasoline marketing

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J Barron, ME Staten… - Contemporary Economic …, 1992 - Wiley Online Library
Before introducing cash discounting in retail gasoline markets, major oil companies offered
proprietary credit cards as an unpriced service to their customers. This paper analyzes the
origins of cash discounting in order to determine why oil companies introduced explicit ...
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Consumer and competitor reactions: Evidence from a field experiment

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JM Barron, JR Umbeck… - International Journal of Industrial …, 2008 - Elsevier
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Will Open Supply Lower Retail Gasoline Prices?

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JM Barron, BA Taylor… - Contemporary Economic …, 2004 - Wiley Online Library
Page 1. WILL OPEN SUPPLY LOWER RETAIL GASOLINE PRICES? JOHN M.
BARRON, BECK A. TAYLOR, and JOHN R. UMBECK* Retail gasoline lessee-dealers
have lobbied for the right to purchase their gasoline supplies ...
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[CITATION] Might Makes Rights: A Theory of the Formation and Initial Distribution of Property Rights, 19 Econ

J Umbeck - Inquiry, 1981
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Information costs and the organization of credit markets: a theory of indirect lending

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ME Staten, OW Gilley… - Economic inquiry, 1990 - Wiley Online Library
This paper explains indirect lending as a strategy for reducing a bank's cost of screening
borrowers. Commercial banks appear to “ration” credit by rejecting some direct loan
applicants, although they accept higher-risk borrowers who apply for loans indirectly ...
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New evidence on price discrimination and retail configuration

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JM Barron, BA Taylor… - Applied Economics Letters, 2001 - Taylor & Francis
Page 1. New evidence on price discrimination and retail con®guration JOHN M.
BARRON, BECK A. TAYLOR*{ and JOHN R. UMBECK Department of Economics,
Krannert School of Management, Purdue University, W. Lafayette ...
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Consumer and competitor reactions: Evidence from a retail-gasoline field experiment

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JM Barron, JR Umbeck… - 2003 - scholarsbank.uoregon.edu
Page 1. Consumer and competitor reactions: Evidence from a retail-gasoline field
experiment John M. Barrona John R. Umbeckb Glen R. Waddellc a Department
of Economics, Purdue University, W. Lafayette, IN 47907-1310 ...
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[CITATION] A theoretical and empirical investigation into the formation of property rights: the California gold rush

JR Umbeck - 1976 - University of Washington
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Economic inefficiency: A failure of economists

M Staten… - Journal of Economic Education, 1989 - JSTOR
Use of the concept of economic" efficiency" to guide public policy and even the courts has
become almost commonplace. The authors conclude that it is impossible, using traditional
microeconomic models, to demonstrate empirically that an outcome is inefficient; they ...
Cited by 7 - Related articles - Get it from MIT Libraries - All 2 versions

The Structure of Contracts and Transaction Costs: Note

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J Umbeck… - Journal of Money, Credit and Banking, 1982 - JSTOR
It is the purpose of this note to consider the determinants of contract provisions, in particular
those that stipulate possible actions in the event of the breach of the terms in a credit
contract. This category of provisions is generally called" creditors' remedies" when used in ...
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[CITATION] Compensating stress-induced disability: Incentive Problems

M Staten… - Safety and the Work Force, 1983
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An economic analysis of a change in an excise tax

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JM Barron, KH Blanchard… - The Journal of Economic …, 2004 - Heldref Publications
Page 1. 184 JOURNAL OF ECONOMIC EDUCATION An Economic Analysis of a
Change in an Excise Tax John M. Barron, Kelly Hunt Blanchard, and John R. Umbeck
Abstract: The authors present an example of the effect a ...
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Shipping the Good Students out: The Effect of a Fixed Charge on Student Enrollments

M Staten… - Journal of Economic Education, 1989 - JSTOR
The usual substitution effect of a price change between goods is extended to substitution
among differentiated products within a heterogeneous good in a manner useful for the
introductory and intermediate courses. The example of student choice of course load is ...
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A Study of Signaling Behavior in Occupational Disease Claims

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M Staten… - Journal of Law and Economics, 1986 - JSTOR
Alarge theoretical literature has developed in the last decade describing informational
asymmetries and quality signaling in markets. However, very few empirical studies have
tested the signaling hypothesis. Most of these have addressed the signaling role of ...
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[CITATION] The California Gold Rush: A Study of Emerging Property Rights, 14 Explorations Econ

J Umbeck - Hist, 1977
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[CITATION] A Report on an Empirical Study of the Retail Elasticity at California Gasoline Stations and the Implications of a Uniform Price Rule

J Umbeck… - Report to the Western States Petroleum Association, 1999
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[CITATION] Inefficiency: A Logical and Empirical Impossibility

J Umbeck… - Soc. SCd. REv., 1980
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[CITATION] „Might Makes Right: A Theory of the Formation and Initial Distribution of Property Rights “, Svetozar Pejovich, ed

J Umbeck - The Economic Foundations of Property Rights, 1997
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[BOOK] An Economic Analysis of Electronic Funds Transfer System: The Theory of Credit Markets

[PDF] from msb.edu
J Umbeck, WC Dunkelberg… - 1978 - faculty.msb.edu
Abstract The basic purpose of this paper is to present a simple theory of credit markets which
will help identify the basic issues that should be of concern and perhaps filter out some
irrelevant or misdirected concerns. The paper begins with a traditional model of borrowing ...
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[PDF] Drunken Driving, Hit-and-Runs, and Bribery

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R Theroux… - Regulation, 1987 - store.cato.org
THE PROBLEM of drunken driving and how to control it has been the focus of much
attention in recent years. Public interest groups have embarked on campaigns to educate us
about the risks of drinking and driving. Television commercials tell us to appoint a" ...
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[CITATION] «Economic Inefficiency of Law: A Logical and Empirical Impossibility»

M Staten… - Documento de trabajo: Departamento de Economía, …, 1986
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[CITATION] Number of Sellers, Average Prices, and Price Dispersion: A Theoretical and Empirical Investigation

JM Barron, BA Taylor… - 2003 - Working Paper, BayM lor University
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[CITATION] Prohibiting Retail Gasoline Sales by Refiners: The Economic Effects

JM Barron, JR Umbeck… - 1984 - getcited.org
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Welfare Effects of Sales Maximization: A Methodological Critique

J Umbeck - Economic Inquiry, 1979 - Wiley Online Library
... WELFARE EFFECTS OF SALES MAXIMIZATION: A METHODOLOGICAL CRITIQUE. JOHN
UMBECK †. Article first published online: 28 SEP 2007. ... Get PDF (91K). More content like this.
Find more content: like this article. Find more content written by: JOHN UMBECK. ...
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SCREENING AND SIGNALLING IN CONSUMER CREDIT: A THEORY OF INDIRECT LENDING

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M Staten, O Gilley… - Financial Review, 1987 - Wiley Online Library
... SCREENING AND SIGNALLING IN CONSUMER CREDIT: A THEORY OF INDIRECT LENDING.
Michael Staten 1 ,; Otis Gilley 2 ,; John Umbeck 3. Article first published online: 9 MAR 2005.
DOI: 10.1111/j.1540-6288.1987.tb01248.x. Issue. Financial Review. ...

[CITATION] Entry, Recoupment, and Higher Prices: Irrelevance of High Market Shares in Predatory Pricing (III)

JR Umbeck - Antitrust L. & Econ. Rev., 1990

[PDF] Consumer Preference for Convenience, Adoption of Card Reader Technology, and Effect on Sales

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JM Barron, JP Offenberg… - Citeseer
Page 1. Consumer Preference for Convenience, Adoption of Card Reader Technology, and
Effect on Sales John M. Barron Purdue University barron@mgmt.purdue.edu Jennifer Pate
Offenberg 1 Loyola Marymount University joffenberg@lmu.edu ...
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[PDF] Umbeck, John, Might Makes Rights: A Theory of the Foundation and Initial Distribution of Property Rights, Economic Inquiry, 19: 1 (1981: Jan.) p. 38

[PDF] from ucsb.edu
J UMBECK - Economic Inquiry, 1981 - bren.ucsb.edu
At the present time there is no general economic theory of the formation and initial
distribution of property rights. With the possible exception of the externality literature, most
economic models assume that the rights to all scarce resources are clearly defined and ...
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[PDF] This paper is a theoretical and empirical investigation into

[PDF] from 128.95.71.52
J UMBECK - 128.95.71.52
At the present time there is no general economic theory of the formation and initial
distribution of property rights. With the possible excep-tion of the externality literature, most
economic models assume that the rights to all scarce resources are clearly defined and ...
Related articles - All 2 versions

[CITATION] Entry, Recoupment, and Higher Prices: Irrelevance of High Market Shares in Predatory Pricing (II)

JR Umbeck - Antitrust L. & Econ. Rev., 1989

[CITATION] Entry, Recoupment, and Higher Prices: Irrelevance of High Market Shares in Predatory Pricing

JR Umbeck - Antitrust L. & Econ. Rev., 1989

[CITATION] Entry, Recoupment, and Higher Prices: Irrelevance of High Market Shares in Predatory Pricing (IV)

JR Umbeck - Antitrust L. & Econ. Rev., 1990

[CITATION] This paper is a theoretical and empirical investigation into the formation and initial distribution of property rights. Vio-lence is singled out as a major …

J UMBECK - The legacy of Ronald Coase in economic …, 1995 - Edward Elgar Publishing
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[CITATION] Entry, Recoupment, and Higher Prices: Irrelevance of High Market Shares in Predatory Pricing (V)

JR Umbeck - Antitrust L. & Econ. Rev., 1991

[CITATION] Evidence from a retail-gasoline field experiment: consumer and competitor reactions

JM Barron, JR Umbeck…
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[CITATION] An Economic Critique of Destroying Competition and Raising Prices: How Big Oil Has Taken Control of America's Gasoline Markets

JR Umbeck - 1991 - Purdue University
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