Symmetric Tragedies; Commons and Anticommons

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Symmetric Tragedies; Commons and Anticommons by : James M. Buchanan

Download or read book Symmetric Tragedies; Commons and Anticommons written by James M. Buchanan and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An anticommons problem arises when there exist multiple rights to exclude. In a lengthy law review paper, Michael A. Heller has examined "The Tragedy of the Anticommons," especially in regard to disappointing experiences in efforts to shift from socialist to market institutions in Russia. In an early footnote, Heller suggests that a formal economic model of the anticommons has not been developed. This paper responds to Heller's challenge. We analyze the anticommons problem in which resources are inefficiently underutilized rather than overutilized as in the familiar commons setting. The two problems are shown to be symetrical in several respects. We present an algebraic and geometric illustration and extend the discussion to several applications. More importantly, we suggest that the construction is helpful in understanding the sources of major value wastage in modern regulatory bureaucracy.

Symmetric Tragedies

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Symmetric Tragedies by : German Coloma

Download or read book Symmetric Tragedies written by German Coloma and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reformulates a model used by Buchanan and Yoon to formalize the economic problems associated to the so-called "tragedy of the commons" and "tragedy of the anticommons". In doing so we identify two different efficiency problems, due to externalities (common property) and market power. We later interpret the results obtained using a version of the Coase theorem.

Commons and Anticommons

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Publisher :
ISBN 13 : 9781845426576
Total Pages : 0 pages
Book Rating : 4.4/5 (265 download)

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Book Synopsis Commons and Anticommons by : Michael Heller

Download or read book Commons and Anticommons written by Michael Heller and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Genetic Resources and Traditional Knowledge

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Publisher : Edward Elgar Publishing
ISBN 13 : 1781002622
Total Pages : 393 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Genetic Resources and Traditional Knowledge by : Tania Bubela

Download or read book Genetic Resources and Traditional Knowledge written by Tania Bubela and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fascinating study describes efforts to define and protect traditional knowledge and the associated issues of access to genetic resources, from the negotiation of the Convention on Biological Diversity to the Declaration on the Rights of Indigenous Peoples and the Nagoya Protocol. Drawing on the expertise of local specialists from around the globe, the chapters judiciously mix theory and empirical evidence to provide a deep and convincing understanding of traditional knowledge, innovation, access to genetic resources, and benefit sharing. Because traditional knowledge was understood in early negotiations to be subject to a property rights framework, these often became bogged down due to differing views on the rights involved. New models, developed around the notion of distributive justice and self-determination, are now gaining favor. This book suggests – through a discussion of theory and contemporary case studies from Brazil, India, Kenya and Canada – that a focus on distributive justice best advances the interests of indigenous peoples while also fostering scientific innovation in both developed and developing countries. Comprehensive as well as nuanced, Genetic Resources and Traditional Knowledge will be of great interest to scholars and students of law, political science, anthropology and geography. National and international policymakers and those interested in the environment, indigenous peoples' rights and innovation will find the book an enlightening resource.

The Wealth of the Commons

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Publisher : Levellers Press
ISBN 13 : 1937146146
Total Pages : 752 pages
Book Rating : 4.9/5 (371 download)

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Book Synopsis The Wealth of the Commons by : David Bollier

Download or read book The Wealth of the Commons written by David Bollier and published by Levellers Press. This book was released on 2014-05-23 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are poised between an old world that no longer works and a new one struggling to be born. Surrounded by centralized hierarchies on the one hand and predatory markets on the other, people around the world are searching for alternatives. The Wealth of the Commons explains how millions of commoners have organized to defend their forests and fisheries, reinvent local food systems, organize productive online communities, reclaim public spaces, improve environmental stewardship and re-imagine the very meaning of "progress" and governance. In short, how they've built their commons. In 73 timely essays by a remarkable international roster of activists, academics and project leaders, this book chronicles ongoing struggles against the private com­moditization of shared resources - often known as market enclosures - while docu­menting the immense generative power of the commons. The Wealth of the Commons is about history, political change, public policy and cultural transformation on a global scale - but most of all, it's about individual commoners taking charge of their lives and their endangered resources. "This fine collection makes clear that the idea of the Commons is fully international, and increasingly fully worked-out. If you find yourself wondering what Occupy wants, or if some other world is possible, this pragmatic, down-to-earth, and unsentimental book will provide many of the answers." - Bill McKibben, author of Deep Economy: The Wealth of Communities and The Durable Future

The Gridlock Economy

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Publisher : ReadHowYouWant.com
ISBN 13 : 1458759091
Total Pages : 454 pages
Book Rating : 4.4/5 (587 download)

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Book Synopsis The Gridlock Economy by : Michael Heller

Download or read book The Gridlock Economy written by Michael Heller and published by ReadHowYouWant.com. This book was released on 2010-05 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-five new runways would eliminate most air travel delays in America; fifty patent owners are blocking a major drug company from creating a cancer cure; 90 percent of our broadcast spectrum sits idle while American cell phone service suffers. These problems have solutions that can jump-start innovation and help save our troubled economy. So, what's holding us back? Michael Heller, a leading authority on property, reveals that while private ownership creates wealth, too much ownership means that everyone loses. Startling and accessible, The Gridlock Economy offers insights on how we can overcome this preventable paradox.

Creating Property Rights

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Publisher : Martinus Nijhoff Publishers
ISBN 13 : 9004227059
Total Pages : 214 pages
Book Rating : 4.0/5 (42 download)

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Book Synopsis Creating Property Rights by : Margherita Colangelo

Download or read book Creating Property Rights written by Margherita Colangelo and published by Martinus Nijhoff Publishers. This book was released on 2012-04-19 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The creation by government regulation of entitlements akin to property rights is a widespread phenomenon imposing a reconsideration of the traditional categories of public and private property. The allocation of such rights that lack an explicit legislative definition but are object of relevant social and legal interests is a very complex topic, which has become very acute in cases where markets have been established for them. The analysis of the systems created for the allocation and management of these rights is the core of this book, which examines four emblematic examples: airport slots, spectrum rights, milk quotas and emission allowances. The book focuses on the European level, including legislation and the most relevant policy issues, by means of a comparative method involving private law, public law and law and economics approaches.

Encyclopedia of Law and Society

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Publisher : SAGE
ISBN 13 : 076192387X
Total Pages : 1809 pages
Book Rating : 4.7/5 (619 download)

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Book Synopsis Encyclopedia of Law and Society by : David S. Clark

Download or read book Encyclopedia of Law and Society written by David S. Clark and published by SAGE. This book was released on 2007-07-10 with total page 1809 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to and survey of the field of law and society. Includes interdisciplinary perspectives on law from sociology, criminology, cultural anthropology, political science, social psychology, and economics.

Legal Framework for e-Research

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Publisher : Sydney University Press
ISBN 13 : 1743329393
Total Pages : 559 pages
Book Rating : 4.7/5 (433 download)

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Book Synopsis Legal Framework for e-Research by : Brian Fitzgerald

Download or read book Legal Framework for e-Research written by Brian Fitzgerald and published by Sydney University Press. This book was released on 2007-08-01 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of key legal issues facing e-Research: data exchange and data management, collaborative endeavour, the role and operation of privacy law, and commercialisation.

Economic Analysis of Property Law Cases

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Publisher : Routledge
ISBN 13 : 1317693906
Total Pages : 251 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Economic Analysis of Property Law Cases by : Boudewijn R. A. Bouckaert

Download or read book Economic Analysis of Property Law Cases written by Boudewijn R. A. Bouckaert and published by Routledge. This book was released on 2020-03-02 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: The discipline of law and economics has earned a reputation for developing plausible and empirically testable theories on the social functions and the impact of legal institutions. Property rights are a field in which this has been very successful. In this book, economic property rights theories are applied to case law in order to examine the practice and solution of real life conflicts. The author examines the economic problems which are dealt with in these cases and evaluate the courts’ decisions from an economic angle. Cases are examined from across the UK, the US, Germany, Belgium and Canada to allow international comparisons to be made. These comparisons reveal that, regardless of the legal system, many legal issues have similar economic roots and therefore similar models of economic analysis can be applied. The analysis of these cases also shows that the discipline of law and economics is not only successful in developing explanatory models but also useful to generate better considerations and solutions for legal conflicts in individual cases. This book aims to bridge the gap between the academic and professional literature and demonstrate the benefits of the economic analysis of property rights cases to all those who are interested in law and economics.

Individualism and Political Disorder

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Publisher : Edward Elgar Publishing
ISBN 13 : 178471058X
Total Pages : 165 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Individualism and Political Disorder by : The late James M. Buchanan

Download or read book Individualism and Political Disorder written by The late James M. Buchanan and published by Edward Elgar Publishing. This book was released on 2015-09-25 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inspired by F.A. Hayek’s Individualism and Economic Order, this book also stands in contrast to the themes of that work, by emphasizing that collective action works differently from the way the market works. The chapters comprise papers written by James M.Buchanan, both with and without Yoon’s co-authorship, after the publication of his Collected Work volumes. These chapters reflect the authors' thoughts on politics, seen through the lens of fiscal policy and the tragedies of the commons and anti-commons in collective action. The pathologies of democratic politics rigorously analyzed in the book prove the relevance of Buchanan's constitutionalism

Law and Economics of Possession

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Publisher : Cambridge University Press
ISBN 13 : 1316033384
Total Pages : 365 pages
Book Rating : 4.3/5 (16 download)

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Book Synopsis Law and Economics of Possession by : Yun-chien Chang

Download or read book Law and Economics of Possession written by Yun-chien Chang and published by Cambridge University Press. This book was released on 2015-05-21 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Possession is a key concept in both the common and civil law, but it has hitherto received little scrutiny. Law and Economics of Possession uses insights from economics, psychology and history to analyse possession in law, compare and contrast possession with ownership, break down the elements of possession as a fact and as a right, challenge the adage that 'possession is 9/10 of the law', examine possession as notice, explain the heuristics of possession, debunk the behavioural studies which confuse possession with ownership, explore the LightSquared dispute from the perspective of 'possession' of spectrum frequency and provide new insights to old questions such as first possession, adverse possession and property jurisdiction. The authors include leading property scholars, who examine possession laws in, among others, the USA, UK, China, Taiwan, Japan, Germany, France, Israel, the Netherlands, Spain, Portugal, Italy and Austria.

Research Handbook on the Economics of Property Law

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Publisher : Edward Elgar Publishing
ISBN 13 : 184980897X
Total Pages : 417 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Research Handbook on the Economics of Property Law by : Kenneth Ayotte

Download or read book Research Handbook on the Economics of Property Law written by Kenneth Ayotte and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading scholars in the field of law and economics contribute their original theoretical and empirical research to this major Handbook. Each chapter analyzes the basic architecture and important features of the institutions of property law from an economic point of view, while also providing an introduction to the issues and literature. Property rights and property systems vary along a large number of dimensions, and economics has proven very conducive to analyzing these patterns and even the nature of property itself. The contributions found here lend fresh perspectives to the current body of literature, examining topics including: initial acquisition; the commons, anticommons, and semicommons; intellectual property; public rights; abandonment and destruction; standardization of property; property and firms; marital property; bankruptcy as property; titling systems; land surveying; covenants; nuisance; the political economy of property; and takings. The contributors employ a variety of methods and perspectives, demonstrating the fruitfulness of economic modeling, empirical methods, and institutional analysis for the study of both new and familiar problems in property. Legal scholars, economists, and other social scientists interested in property will find this Handbook an often-referenced addition to their libraries.

Aquanomics

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Publisher : Routledge
ISBN 13 : 1351531360
Total Pages : 427 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Aquanomics by : Randy Simmons

Download or read book Aquanomics written by Randy Simmons and published by Routledge. This book was released on 2017-07-28 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water is becoming increasingly scarce. If recent usage trends continue, shortages are inevitable. Aquanomics discusses some of the instruments and policies that may be implemented to postpone, or even avoid, the onset of water crises. These policies include establishing secure and transferable private water rights and extending these rights to uses that traditionally have not been allowed, including altering in-stream flows and ecosystem functions. The editors argue that such policies will help maximize water quantity and quality as water becomes scarcer and more valuable. Aquanomics contains many examples of how this is being accomplished, particularly in the formation of water markets and market-like exchanges of water rights.Many observers see calamity ahead unless water supplies are harnessed and effectively conserved, and unless water quality can be improved. It is also clear that declining water quality is a serious problem in much of the world, as increasing human activities induce high levels of water degradation. Those who voice these concerns, argue the contributors to this volume, fail to consider the forces for improvement inherent in market political-economic systems that can address water issues. The contributors see water quality in economically advanced countries as improving, and they believe this establishes the validity of market-based approaches.

Copyright's Paradox

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Publisher : Oxford University Press
ISBN 13 : 0198031467
Total Pages : 287 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis Copyright's Paradox by : Neil Weinstock Netanel

Download or read book Copyright's Paradox written by Neil Weinstock Netanel and published by Oxford University Press. This book was released on 2008-04-14 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a vital economic incentive for much of society's music, art, and literature, copyright is widely considered "the engine of free expression"--but it is also used to stifle news reporting, political commentary, historical scholarship, and even artistic expression. In Copyright's Paradox, Neil Weinstock Netanel explores the tensions between copyright law and free speech, revealing the unacceptable burdens on expression that copyright can impose. Tracing the conflict across both traditional and digital media, Netanel examines the remix and copying culture at the heart of current controversies related to the Google Book Search litigation, YouTube and MySpace, hip-hop music, and digital sampling. The author juxtaposes the dramatic expansion of copyright holders' proprietary control against the individual's newly found ability to digitally cut, paste, edit, remix, and distribute sound recordings, movies, TV programs, graphics, and texts the world over. He tests whether, in light of these and other developments, copyright still serves as a vital engine of free expression and assesses how copyright does--and does not--burden free speech. Taking First Amendment values as his lodestar, Netanel offers a crucial, timely call to redefine the limits of copyright so it can most effectively promote robust debate and expressive diversity--and he presents a definitive blueprint for how this can be accomplished.

A Critical Mind

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Publisher : Springer Nature
ISBN 13 : 3662659743
Total Pages : 790 pages
Book Rating : 4.6/5 (626 download)

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Book Synopsis A Critical Mind by : Christine Godt

Download or read book A Critical Mind written by Christine Godt and published by Springer Nature. This book was released on 2023-06-22 with total page 790 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the academic footprint of Hanns Ullrich. Thirty contributions revolve around five central topics of his oeuvre: the European legal order, competition law, intellectual property, the regulation of new technologies, and the global market order. Acknowledging him as a trailblazer, the book aims to capture how deeply Hanns Ullrich has influenced contemporaries and subsequent generations of scholars. The contributors re-iterate the path-breaking patterns of his teachings, such as his contemplation of intellectual property as embedded in competition, the necessity of balancing private and public interests in intellectual property law, the policies of market integration, and the peculiar relationship of technological advancement and protectionism.

The Economics of Transaction Costs

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Publisher : Springer
ISBN 13 : 0230597688
Total Pages : 211 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis The Economics of Transaction Costs by : P. Rao

Download or read book The Economics of Transaction Costs written by P. Rao and published by Springer. This book was released on 2002-12-03 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: In modern economies a substantial proportion of resources is increasingly allocated to transaction costs. An improvement in the definition of transaction costs to include both the information role and efficiency role requires an integration of the approaches of positive economics and normative economics. In The Economics of Transaction Costs P.K.Rao provides a comprehensive analytical treatment of the subject and suggests a few directions for formal economic models.