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Duality in Property: Commons and Anticommons

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  • Parisi, Francesco
  • Schulz, Norbert
  • Depoorter, Ben

Abstract

Commons and Anticommons problems are the consequence of symmetric structural departures from a unified conception of property. In this paper, we endeavor to provide a dual model of property, where commons and anticommons problems are the consequence of a lack of conformity between use and exclusion rights. The general model is then extended to consider the different equilibria obtained under vertical and horizontal cases of property fragmentation. The paper concludes with a hypothesis of legal rules for promoting unity in property and suggests a list of possible areas of application.
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  • Parisi, Francesco & Schulz, Norbert & Depoorter, Ben, 2005. "Duality in Property: Commons and Anticommons," International Review of Law and Economics, Elsevier, vol. 25(4), pages 578-591, December.
    • Handle: RePEc:eee:irlaec:v:25:y:2005:i:4:p:578-591
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    1. Brett M. Frischmann & Alain Marciano & Giovanni Battista Ramello, 2019. "Retrospectives: Tragedy of the Commons after 50 Years," Journal of Economic Perspectives, American Economic Association, vol. 33(4), pages 211-228, Fall.
    2. Grossman, Zachary & Pincus, Jonathan & Shapiro, Perry & Yengin, Duygu, 2019. "Second-best mechanisms for land assembly and hold-out problems," Journal of Public Economics, Elsevier, vol. 175(C), pages 1-16.
    3. José Lamelas & José António Filipe, 2014. "An Application of the Anti-Commons Theory to an Elderly Nursing Home Project in Portugal," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 4(2), pages 746-746.
    4. Giorgia Bucaria & Giulio Gottardo, 2023. "A numerus clausus rationale for the privity of contract: the protective function," European Journal of Law and Economics, Springer, vol. 55(1), pages 29-59, February.
    5. Andrea Salustri, 2021. "Social and solidarity economy and social and solidarity commons: Towards the (re)discovery of an ethic of the common good?," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(1), pages 13-32, March.
    6. Vinit Mukhija, 2005. "Collective Action and Property Rights: A Planner's Critical Look at the Dogma of Private Property," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 29(4), pages 972-983, December.
    7. Giuseppe Dari-Mattiacci & Francesco Parisi, 2006. "Substituting Complements," Journal of Competition Law and Economics, Oxford University Press, vol. 2(3), pages 333-347.
    8. Andergassen, Rainer & Candela, Guido & Figini, Paolo, 2013. "An economic model for tourism destinations: Product sophistication and price coordination," Tourism Management, Elsevier, vol. 37(C), pages 86-98.
    9. Fuentes-Castro, Daniel, 2009. "Inefficiency and common property regimes," Ecological Economics, Elsevier, vol. 68(6), pages 1740-1748, April.
    10. Azaguagh, Ismail & Driouchi, Ahmed, 2018. "Understanding Commons and Anticommons in different economic contexts," MPRA Paper 116621, University Library of Munich, Germany.
    11. Chia-Hung Sun & Chorng-Jian Liu, 2017. "The combination of two tragedies: commons and anticommons tragedies," Journal of Economics, Springer, vol. 122(1), pages 29-43, September.
    12. Parisi Francesco, 2020. "Law and Economics as We Grow Younger," Review of Law & Economics, De Gruyter, vol. 16(1), pages 1-20, March.
    13. Driouchi, Ahmed, 2015. "Creation of Enterprises & Knowledge Economy in the Arab Countries," MPRA Paper 67366, University Library of Munich, Germany.
    14. Gentilucci, Eleonora, 2018. "Intellectual property rights and the commodification of nature: the case of seeds," MPRA Paper 90527, University Library of Munich, Germany.
    15. José António Filipe & Manuel Coelho & Manuel Alberto M. Ferreira, 2013. "A Note on Anticommons on Aquaculture Projects Approval," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 3(2), pages 520-520.
    16. Vanneste, Sven & Van Hiel, Alain & Parisi, Francesco & Depoorter, Ben, 2006. "From "tragedy" to "disaster": Welfare effects of commons and anticommons dilemmas," International Review of Law and Economics, Elsevier, vol. 26(1), pages 104-122, March.
    17. José António Filipe & Manuel Coelho & Manuel Alberto M. Ferreira & Selvarasu Appasamy Mutharasu, 2013. "Fisheries, Chaos and Ethics. A Note on India Status," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 3(1), pages 365-365.
    18. Uyanik, Metin & Yengin, Duygu, 2023. "Expropriation power in private dealings: Quota rule in collective sales," Games and Economic Behavior, Elsevier, vol. 141(C), pages 548-580.
    19. Matteo Alvisi & Emanuela Carbonara & Francesco Parisi, 2011. "Separating complements: the effects of competition and quality leadership," Journal of Economics, Springer, vol. 103(2), pages 107-131, June.
    20. Gabriel Marian Cosmin, 2018. "Education in the Anticommons: Evidence from Romania," Central European Journal of Public Policy, Sciendo, vol. 12(1), pages 32-40, June.
    21. Ivan Major, 2014. "A Political Economy Application of the “Tragedy of the Anticommons”: The Greek Government Debt Crisis," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 20(4), pages 425-437, November.
    22. José António Filipe & Manuel Alberto M. Ferreira & Manuel Coelho & Maria Isabel Pedro, 2012. "Cooperation on Stocks Recover," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 2(1), pages 1-74.
    23. Richard Gray, 2014. "Solutions to the Agricultural Research Funding Conundrum," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 62(1), pages 7-22, March.
    24. Bertacchini Enrico & De Mot Jef P.B. & Depoorter Ben, 2009. "Never Two Without Three: Commons, Anticommons and Semicommons," Review of Law & Economics, De Gruyter, vol. 5(1), pages 163-176, April.
    25. Driouchi, Ahmed, 2015. "Hofstede Index and Knowledge Economy Imperfections in Arab Countries," MPRA Paper 67365, University Library of Munich, Germany.

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