IDEAS home Printed from https://ideas.repec.org/p/emx/ceedoc/2016-03.html
   My bibliography  Save this paper

Conflict and the foundations of private property

Author

Listed:
  • Pablo Sanchez

    (El Colegio de Mexico)

  • Jaume Sempere

    (El Colegio de Mexico)

Abstract

In this paper agents can create private property rights on a resource by making appropriative activities. We show that the value of the resource has a nonmonotonic effect on the emergence of private property. When the resource is sufficiently valuable, agents have an incentive to leave a sharing agreement and private property can appear. If the value of the resource increases beyond a given threshold, deviations from the sharing agreement lead to a very costly confrontation so in order to avoid that, agents stick to the agreement. In that case, private property is not sustainable. On the other hand, it is shown that populations size has an important effect on the size of the parameter set in which private property is sustainable

Suggested Citation

  • Pablo Sanchez & Jaume Sempere, 2016. "Conflict and the foundations of private property," Serie documentos de trabajo del Centro de Estudios Económicos 2016-03, El Colegio de México, Centro de Estudios Económicos.
    • Handle: RePEc:emx:ceedoc:2016-03
    as

    Download full text from publisher

    File URL: https://cee.colmex.mx/dts/2016/DT-2016-3.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    private property; conflict; coalition formation;
    All these keywords.

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:emx:ceedoc:2016-03. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ximena Varela (email available below). General contact details of provider: https://edirc.repec.org/data/cecolmx.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.