A popular idiom in Western culture is that possession is 9 / 10ths of the law. While this may hold true for disputing civil or domestic suits about who gets to keep the kettle in divorce proceedings, there is one notable exception: land. 1,068 more words
Tags » Property Rights
Transaction costs prevent lots of trades. So many that we often aren’t aware of their potentiality. Michael Munger asserts that transaction costs are so prohibitive that we tend to accumulate a lot of stuff that we could otherwise do without. 1,269 more words
Constitutionally protected property rights have been shrinking since at least FDR. From Eric Boehm at reason.com:
When governments issue regulations that undermine the value of property, bureaucrats don’t necessarily have to compensate property holders, the Supreme Court ruled Friday. 240 more words
This article aims to unbundle the influence of prevailing forestland rights institutions on the forest management behaviours of Vietnamese households.
Based on a sample of 398 observations, we investigate the impact of two dimensions of forestland rights institutions (i.e. 218 more words