This collection of essays departs from the conventional economic
paradigm wherein individuals or groups choose among various
productive activities for mutually beneficial trade. Each essay
recognizes that where property rights are not well defined or
easily enforced, individuals may forgo productive opportunities and
engage in appropriative activities to compete for property, income,
rights or privileges. Though the essays differ in their focus, each
illustrates the importance of the institutional setting in
determining economic activity. The first of the two sets of essays
examines the allocation of resources among productive and
appropriative activities in an anarchical political environment,
without legal or constitutional tradition. Their objective is to
understand different facets of the emergence of order and restraint
on individual behaviour out of conditions with few or no assumed
constraints. The second set focuses on different types of political
institutions, illustrating how they shape conflict and economic
activity, and how they themselves can be shaped by conflict.
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