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- W1842529027 abstract "This short paper written for a symposium issue of the Property Law Review on Research Methods in Property Law, provides a concise introduction to the ways in which property rights (and duties) structure economic relations and, in turn, are influenced by economic considerations. Among the topics covered are: (a) property as a functional institution that not only facilitates exchange but also supports resource conservation (via the right to exclude); (b) Coasian comparative institutional analysis as a research method based on transaction costs; (c) property conflicts as joint- or social-cost problems; (d) the law and economics of property remedies; and (e) the under-explored variety and complexity of property regimes. The paper concludes with the obvious point (but one often ignored by legal scholars) that a thorough understanding of property law (including public and common property, as well as private property) requires attention to the vital economic functions it serves in virtually all societies." @default.
- W1842529027 created "2016-06-24" @default.
- W1842529027 creator A5090240770 @default.
- W1842529027 date "2014-01-01" @default.
- W1842529027 modified "2023-09-23" @default.
- W1842529027 title "The Law and Economics Approach to Property" @default.
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- W1842529027 doi "https://doi.org/10.2139/ssrn.2375933" @default.
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