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Author Heller, Michael, 1962-

Title The gridlock economy : how too much ownership wrecks markets, stops innovation, and costs lives / Michael Heller.

Published New York : Basic Books, [2008]


Location Call No. Status
 UniM Bund  330.17 HELL {Bund81 20190820}    AVAILABLE
Physical description xvii, 259 pages : illustrations, map ; 25 cm
Bibliography Includes bibliographical references (pages 203-246) and index.
Contents The tragedy of the anticommons -- Welcome to the lexicon -- Where are the cures? -- You can't hear me now -- Block parties, share croppers, and banana republics -- Empty Moscow storefronts -- The world is mine oyster -- A solutions toolkit.
Summary "Every so often an idea comes along that transforms our understanding of how the world works. Michael Heller has discovered a market dynamic that no one knew existed. Usually, private ownership creates wealth, but too much ownership has the opposite effect - it creates gridlock. When too many people own pieces of one thing, whether a physical or intellectual resource, cooperation breaks down, wealth disappears, and everybody loses. Heller's paradox is the centre of The Gridlock Economy. Today's leading edge of innovation - in high tech, biomedicine, music, film, real estate - requires the assembly of separately owned resources. But gridlock is blocking economic growth all along the wealth creation frontier." -- Book jacket.
Subject Right of property.
Transaction costs.
Standard Number 2773340
ISBN 9780465029167 (alk. paper)
0465029167 (alk. paper)