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As well as in many other things, influence on the theory of the rights has affectedProperties of Anglo-Saxon legal tradition. 3. THE PROBLEM OF "SPECIFICATION/WASHING OUT" OF THE PROPERTY RIGHTS The primary goal of the theory of the property rights, as it It is formulated by western economists, consists in The interaction analysis between economic and legal Systems. But interaction it is always realised in Individual behaviour of economic agents. Therefore The argument is developed usually in the such Sequences: the property rights define, what Costs and compensations can expect agents for the Actions; restructurization of the property rights conducts to To shifts in system of economic stimulus; reaction to these Shifts there will be a changed behaviour of economic agents. This logic - from structure of the rights through system of stimulus to To behavioural consequences - it is clearly expressed in the analysis Processes of the specification/washing out of the property rights. The theory of the property rights starts with base representation
About that any certificate of an exchange is in essence an exchange of bunches
Competences: "When in the market the transaction consists, exchange Two bunches of the property rights. A bunch of the rights usually It is attached to the certain physical blessing or service, But value of the rights defines value of the exchanged The goods: the questions concerning formation and structure Components of a bunch of the rights, precede questions, with which, as Rule, economists are occupied. Economists ordinary accept
Bunch of the rights as given also search for an explanation, than are defined
The price and quantity of the goods subject to an exchange, to which These rights "(31 concern, with. 347). The idea that an exchange represents an exchange of bunches of the rights Properties, it is not new. In the last century it was stated by E.Bem- - (14, with. 64).it then it has been betrayed to oblivion. From This treatment follows that the goods are a certain sum Not only physical characteristics, but also connected with it The rights and legal restrictions. Therefore value of the goods (and Its money price) is defined by set of all of these Factors.
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