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In this book the author examines the problems encountered in negotiations among claimants and the political and economic considerations that influence property rights arrangements. The histories of mineral rights, rights to range and timber land, as well as fishery and crude oil production rights in the United States are examined and reveal a surprising variety of contractual negotiations and economic outcomes. The author concludes that in addition to an analysis of distributional outcomes, an examination of the details of the political bargaining underlying property rights contracts is essential to an understanding of why rights emerge as they do. The book is an important contribution to both property rights theory and to American economic history.

Natural law --- Pressure groups --- Right of property --- 347.23 --- Law of nature (Law) --- Natural rights --- Nature, Law of (Law) --- Rights, Natural --- Law --- 347.23 Eigendomsrecht --- Eigendomsrecht --- Ownership of property --- Private ownership of property, Right of --- Private property, Right of --- Property, Right of --- Property rights --- Right of private ownership of property --- Right of private property --- Right to property --- Civil rights --- Property --- Decision making --- Law and legislation --- Industrial and intellectual property --- United States --- Social Sciences --- Political Science --- Natural law. --- Decision making. --- United States of America