Economic calculation and transaction costs: The case of the airline oversales auction system.

According to Nobel Laureate Edmund Phelps (2013, p. 123), Mises's critique of economic calculation under socialism renders him the originator of the economic analysis of property rights. This paper also suggests that implicit to Mises's impossibility theorem was also the origins of the theory of tra...

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Detalles Bibliográficos

Publicado en:	Southern Economic Journal Vol. 89; no. 3; pp. 708 - 732
Autores principales:	Boettke, Peter J., Candela, Rosolino A., Jacobsen, Peter J.
Formato:	Artículo
Publicado:	Wiley-Blackwell Jan2023
Materias:	Von Mises, Ludwig, 1881-1973 Property rights Labor theory of value Transaction costs Airplane seats Auctions Airline industry
Acceso en línea:	Ver este registro en EBSCOhost