Economic Analysis of Condominium Ownership

Research on Condominium Ownership Based on Information Asymmetry - A Case Study of American Law

Condominium ownership is an important content of real property right. Based on the theory of information asymmetry, the author discussed the information asymmetry of exclusive parts and common parts in the process of transaction of real property right, and then took Uniform Condominium Act of America as a reference in order to provide solution ways for eliminating the information asymmetry of e...

Firm Ownership and Economic Efficiency

JEL: D24, L33

Decoupling Economic Ownership and Voting Power

Ownership, Scarcity, and Economic Decision Making

Acentral theme of all schools of economics is the notion that goods are scarce. The extent of human wants and needs is sufficiently great that the means man would apply to those ends are limited, requiring that he choose among alternative actions. The purpose of this article is to call attention to a facet of scarcity that stems from this fundamental notion and that is of relevance to economic ...

Oligarchic Land Ownership, Entrepreneurship, and Economic Development

This paper develops a theory in which oligarchic ownership of land or other natural resources impedes entrepreneurship in the manufacturing sector and thereby retards structural change and economic development. We show that, due to oligopsony power of owners in the agricultural labor market, higher ownership concentration is harmful for start-ups by landless, credit-constrained households, whos...