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In this book Itai Sened provides an original analysis of the political institutions that protect property and individual rights. He argues that the origin of these rights resides in political institutions, and not in any set of moral principles. Individual rights are said to derive from a "social contract" that evolves through a political process in which governments grant and protect rights in return for political and economic support.

How is it that people with different and often conflicting interests can band together, overcome coordination problems, and create stable institutions that regulate the interactions among members of the group? Explaining Social Institutions leads us significantly closer to understanding how such institutions come to be.
Much of the work being done under the rubric of "new institutionalism" focuses on how institutions shape social, economic, and political outcomes. This emphasis on influence has provided students of economics, political science, and political economy with...

In this book Itai Sened provides an original analysis of the political institutions that protect property and individual rights. He argues that the origin of these rights resides in political institutions, and not in any set of moral principles. Individual rights are said to derive from a "social contract" that evolves through a political process in which governments grant and protect rights in return for political and economic support.