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Armen Albert Alchian (/ˈɑːltʃiən/;
April 12, 1914 –
February 19, 2013) was an
American economist. He
spent almost his
entire career at the University...
- The
Alchian–Allen
effect was
described in 1964 by
Armen Alchian and
William R
Allen in the book
University Economics (now
called Exchange and Production)...
-
opportunism with transaction-specific
investments (or what Klein, Crawford, and
Alchian refer to as "appropriable
quasi rents") is a
leading factor in explaining...
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rather than an
individual or communities.
American economist Armen A.
Alchian explored what
distinguishes public property from
private property, concluding...
-
first is the
paper "Uncertainty, Evolution, and
Economic Theory" by
Armen Alchian from 1950 and the
second is the
paper "Irrational
Behavior and Economic...
- projects", MIT,
Journal of
Applied Corporate Finance,
volume 9,
number 3, 1996
Alchian, Armen, and
Harold Demsetz. "The
Property Rights Paradigm."
Journal of...
- efficiency,
there is
organisational slack (Leibenstein's X-inefficiency).
Armen Alchian and
Harold Demsetz's
analysis of team
production extends and clarifies...
-
income Right to
property Social ownership State ownership Taxation as
theft Alchian,
Armen A. "Property Rights". New
Palgrave Dictionary of Economics, Second...
- in the long-run
firms need to earn
normal profits or they die (as
Armen Alchian once said, "This is the
criterion by
which the
economic system selects...
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Oliver Williamson, Dougl**** North,
Oliver Hart,
Bengt Holmström,
Arman Alchian and
Harold Demsetz expanded on Coase's work on firms,
transaction costs...
