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The Law of the Taxi: Informal Property Rights Institutions in the Uninhibited State

Author

Listed:
  • Diana W. Thomas

    (Creighton University)

  • Michael Clark

    (Christensen Associates)

  • Humberto Alba Castillo
  • Kevin D. Gomez

    (Creighton University)

Abstract

No abstract is available for this item.

Suggested Citation

  • Diana W. Thomas & Michael Clark & Humberto Alba Castillo & Kevin D. Gomez, 2020. "The Law of the Taxi: Informal Property Rights Institutions in the Uninhibited State," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 35(Fall 2020), pages 49-62.
    • Handle: RePEc:jpe:journl:1707
    as

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    References listed on IDEAS

    as
    1. Carrie B. Kerekes & Claudia R. Williamson, 2010. "Propertyless in Peru, Even with a Government Land Title," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(3), pages 1011-1033, July.
    2. Paul R. Milgrom & Douglass C. North & Barry R. Weingast*, 1990. "The Role Of Institutions In The Revival Of Trade: The Law Merchant, Private Judges, And The Champagne Fairs," Economics and Politics, Wiley Blackwell, vol. 2(1), pages 1-23, March.
    3. Greif, Avner, 1989. "Reputation and Coalitions in Medieval Trade: Evidence on the Maghribi Traders," The Journal of Economic History, Cambridge University Press, vol. 49(4), pages 857-882, December.
    4. Zerbe, Richard O. & Anderson, C. Leigh, 2001. "Culture And Fairness In The Development Of Institutions In The California Gold Fields," The Journal of Economic History, Cambridge University Press, vol. 61(1), pages 114-143, March.
    5. Edward Stringham, 2002. "The Emergence of the London Stock Exchange as a Self-Policing Club," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 17(Spring 20), pages 1-19.
    6. Leeson, Peter T. & Boettke, Peter J., 2009. "Two-tiered entrepreneurship and economic development," International Review of Law and Economics, Elsevier, vol. 29(3), pages 252-259, September.
    7. Benson, Bruce L. & Rasmussen, David W. & Kim, Iljoong, 1998. "Deterrence and Public Policy: Trade-Offs in the Allocation of Police Resources," International Review of Law and Economics, Elsevier, vol. 18(1), pages 77-100, March.
    8. Stringham, Edward, 2003. "The extralegal development of securities trading in seventeenth-century Amsterdam," The Quarterly Review of Economics and Finance, Elsevier, vol. 43(2), pages 321-344.
    9. Elinor Ostrom, 2000. "Collective Action and the Evolution of Social Norms," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 137-158, Summer.
    10. Anderson, Terry L & McChesney, Fred S, 1994. "Raid or Trade? An Economic Model of Indian-White Relations," Journal of Law and Economics, University of Chicago Press, vol. 37(1), pages 39-74, April.
    11. Karthik Panchanathan & Robert Boyd, 2004. "Indirect reciprocity can stabilize cooperation without the second-order free rider problem," Nature, Nature, vol. 432(7016), pages 499-502, November.
    12. Robert E. Hall & Charles I. Jones, 1999. "Why do Some Countries Produce So Much More Output Per Worker than Others?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(1), pages 83-116.
    13. Peter T. Leeson, 2014. ""God Damn": The Law and Economics of Monastic Malediction," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 30(1), pages 193-216.
    14. Greif, Avner, 1993. "Contract Enforceability and Economic Institutions in Early Trade: the Maghribi Traders' Coalition," American Economic Review, American Economic Association, vol. 83(3), pages 525-548, June.
    15. Peter T. Leeson, 2006. "Cooperation and Conflict," American Journal of Economics and Sociology, Wiley Blackwell, vol. 65(4), pages 891-907, October.
    16. Besley, Timothy, 1995. "Property Rights and Investment Incentives: Theory and Evidence from Ghana," Journal of Political Economy, University of Chicago Press, vol. 103(5), pages 903-937, October.
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    More about this item

    Keywords

    private enforcement mechanisms; policing; Peru; taxicab companies; protective-tier entrepreneurs;
    All these keywords.

    JEL classification:

    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems
    • O0 - Economic Development, Innovation, Technological Change, and Growth - - General
    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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