On “commons” and New Institutional Economics: a “precursor” revisited - Jens Warming (1873-1939)
In his seminal paper, Gordon (1954) argued that, in a situation of open access and competition, the market would not lead to the most efficient solution in resource use. Almost four decades earlier, in 1911, a Danish economist, Jens Warming, put this issue and made a very similar analysis for the fi...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | Spanish |
| Published: |
Universidad Complutense de Madrid
2016-12-01
|
| Series: | Iberian Journal of the History of Economic Thought |
| Subjects: | |
| Online Access: | https://revistas.ucm.es/index.php/IJHE/article/view/54622 |