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Ownership and the Production Function

L. S. Shapley, Martin Shubik

The Quarterly Journal of Economics · 1967 · Volume 81 · Issue 1

DOI: 10.2307/1879674

Abstract

I. Introduction, 88. — II. Mathematical-institutional economics and agrarian reform, 89. — II. A simple production function, 91. — IV. The feudal system, 93. — V. The capitalist and landless peasants, 94. — VI. A small landowner capitalist society, 97. — VII. The village commune, 100. — VIII. Corporate ownership, 102. — IX. Threats and point product, 104. — X. Summary, 104. — Appendix, 105.

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