Economics of Property Law (Economic Approaches to Law Series 9)

Economics of Property Law (Economic Approaches to Law Series 9)

By: Richard A. Epstein (editor)Hardback

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This important volume gives a comprehensive overview of the economic foundations of private property law. Beginning with economic and philosophical accounts of the origins of property, the authoritative selection of articles traces the evolution of both private and common property, establishing how they coexist within a mature property rights system. Particular attention is directed towards the regulation of specific types of commons such as pastures, streets and fisheries. The study also examines the rules that govern the acquisition, protection and transfer of private property as part of a coherent system of property rights.

About Author

Edited by Richard A. Epstein, James Parker Hall Distinguished Service Professor of Law, University of Chicago, the Peter and Kirsten Bedford Senior Fellow, The Hoover Institution and Visiting Professor of Law, New York University Law School, US


Contents: Acknowledgements Introduction Richard A. Epstein PART I PHILOSOPHICAL PRELIMINARIES 1. Harold Demsetz (1967), `Toward a Theory of Property Rights' 2. Frank I. Michelman (1982), `Ethics, Economics, and the Law of Property' 3. J.W. Harris (1996), `Who Owns My Body' PART II THE COMMONS 4. Peder Andersen (1983), `"On Rent of Fishing Grounds": A Translation of Jens Warming's 1911 Article, with an Introduction' 5. Barry C. Field (1989), `The Evolution of Property Rights' 6. Clifford G. Holderness (1989), `The Assignment of Rights, Entry Effects, and the Allocation of Resources' 7. Robert C. Ellickson (1989), `A Hypothesis of Wealth-Maximizing Norms: Evidence from the Whaling Industry' 8. Thrainn Eggertsson (1992), `Analyzing Institutional Successes and Failures: A Millennium of Common Mountain Pastures in Iceland' 9. Henry E. Smith (2000), `Semicommon Property Rights and Scattering in the Open Fields' 10. James M. Buchanan and Yong J. Yoon (2000), `Symmetric Tragedies: Commons and Anticommons' 11. Gary D. Libecap and James L. Smith (2002), `The Economic Evolution of Petroleum Property Rights in the United States' 12. Richard A. Epstein (2002), `The Allocation of the Commons: Parking on Public Roads' PART III PRIVATE PROPERTY: ACQUISITION 13. Carol M. Rose (1985), `Possession as the Origin of Property' 14. John Umbeck (1977), `The California Gold Rush: A Study of Emerging Property Rights' 15. Robert C. Ellickson (1986), `Adverse Possession and Perpetuities Law: Two Dents in the Libertarian Model of Property Rights' PART IV PRIVATE PROPERTY: PROTECTION 16. Thomas W. Merrill (1985), `Trespass, Nuisance, and the Costs of Determining Property Rights' 17. Richard A. Epstein (1997), `A Clear View of The Cathedral: The Dominance of Property Rules' 18. Elizabeth Brubaker (1998), `The Common Law and the Environment: The Canadian Experience' PART V PRIVATE PROPERTY: DISPOSITION 19. Susan Rose-Ackerman (1985), `Inalienability and the Theory of Property Rights' 20. Clifford G. Holderness (1985), `A Legal Foundation for Exchange' 21. Bernard Rudden (1987), `Economic Theory v. Property Law: The Numerus Clausus Problem' 22. Richard A. Epstein (1988), `Covenants and Constitutions' Name Index

Product Details

  • ISBN13: 9781847201140
  • Format: Hardback
  • Number Of Pages: 584
  • ID: 9781847201140
  • ISBN10: 1847201148

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