IDEAS home Printed from https://ideas.repec.org/p/zbw/wuewep/21.html
   My bibliography  Save this paper

Duality in property: Commons and anticommons

Author

Listed:
  • 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.

Suggested Citation

  • Parisi, Francesco & Schulz, Norbert & Depoorter, Ben, 2000. "Duality in property: Commons and anticommons," W.E.P. - Würzburg Economic Papers 21, University of Würzburg, Department of Economics.
    • Handle: RePEc:zbw:wuewep:21
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/48486/1/570611709.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Buchanan, James M & Yoon, Yong J, 2000. "Symmetric Tragedies: Commons and Anticommons," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 1-13, April.
    2. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    3. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 9, pages 178-203, Palgrave Macmillan.
    4. Schulz, Norbert, 2000. "Thoughts on the nature of vetoes when bargaining on public projects," W.E.P. - Würzburg Economic Papers 17, University of Würzburg, Department of Economics.
    5. Hart, Oliver, 1995. "Firms, Contracts, and Financial Structure," OUP Catalogue, Oxford University Press, number 9780198288817.
    6. Morgenstern, Oskar, 1972. "Thirteen Critical Points in Contemporary Economic Theory: An Interpretation," Journal of Economic Literature, American Economic Association, vol. 10(4), pages 1163-1189, December.
    7. Eggertsson,Thrainn, 1990. "Economic Behavior and Institutions," Cambridge Books, Cambridge University Press, number 9780521348911, October.
    8. Anthony Scott, 1955. "The Fishery: The Objectives of Sole Ownership," Journal of Political Economy, University of Chicago Press, vol. 63(2), pages 116-116.
    9. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62(2), pages 124-124.
    10. Miceli, Thomas J., 1997. "Economics of the Law: Torts, Contracts, Property, Litigation," OUP Catalogue, Oxford University Press, number 9780195103908.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    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. Fuentes-Castro, Daniel, 2009. "Inefficiency and common property regimes," Ecological Economics, Elsevier, vol. 68(6), pages 1740-1748, April.
    3. Azaguagh, Ismail & Driouchi, Ahmed, 2018. "Understanding Commons and Anticommons in different economic contexts," MPRA Paper 116621, University Library of Munich, Germany.
    4. Gentilucci, Eleonora, 2018. "Intellectual property rights and the commodification of nature: the case of seeds," MPRA Paper 90527, University Library of Munich, Germany.
    5. 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.
    6. 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.
    7. 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.
    8. 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.
    9. 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.
    10. Driouchi, Ahmed, 2015. "Hofstede Index and Knowledge Economy Imperfections in Arab Countries," MPRA Paper 67365, University Library of Munich, Germany.
    11. 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.
    12. 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.
    13. 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.
    14. 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.
    15. Giuseppe Dari-Mattiacci & Francesco Parisi, 2006. "Substituting Complements," Journal of Competition Law and Economics, Oxford University Press, vol. 2(3), pages 333-347.
    16. 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.
    17. 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.
    18. Parisi Francesco, 2020. "Law and Economics as We Grow Younger," Review of Law & Economics, De Gruyter, vol. 16(1), pages 1-20, March.
    19. Driouchi, Ahmed, 2015. "Creation of Enterprises & Knowledge Economy in the Arab Countries," MPRA Paper 67366, University Library of Munich, Germany.
    20. 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.
    21. 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.
    22. 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.
    23. 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.
    24. 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.
    25. 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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Parisi, Francesco & Schulz, Norbert & Depoorter, Ben, 2003. "Symmetry and asymmetry in property: Commons and anticommons," W.E.P. - Würzburg Economic Papers 46, University of Würzburg, Department of Economics.
    2. Norbert Schulz & Francesco Parisi & Ben Depoorter, 2002. "Fragmentation in Property: Towards a General Model," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(4), pages 594-613, December.
    3. Jongwook Kim & Joseph T. Mahoney, 2002. "Resource-based and property rights perspectives on value creation: the case of oil field unitization," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(4-5), pages 225-245.
    4. Bellanger, Manuel & Fonner, Robert & Holland, Daniel S. & Libecap, Gary D. & Lipton, Douglas W. & Scemama, Pierre & Speir, Cameron & Thébaud, Olivier, 2021. "Cross-sectoral externalities related to natural resources and ecosystem services," Ecological Economics, Elsevier, vol. 184(C).
    5. Brown Matthew & Cardiff-Hicks Brianna, 2018. "The Tragedy of the Uncommons," Review of Law & Economics, De Gruyter, vol. 14(2), pages 1-22, July.
    6. Bhattacharya, Haimanti & Lueck, Dean, 2009. "The role of property rights in determining the environmental quality-income relationship," Ecological Economics, Elsevier, vol. 68(10), pages 2511-2524, August.
    7. Lueck, Dean & Miceli, Thomas J., 2007. "Property Law," Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 1, chapter 3, pages 183-257, Elsevier.
      • Dean Lueck & Thomas J. Miceli, 2004. "Property Law," Working papers 2004-04, University of Connecticut, Department of Economics.
    8. De Alessi, Michael & Sullivan, Joseph M. & Hilborn, Ray, 2014. "The legal, regulatory, and institutional evolution of fishing cooperatives in Alaska and the West Coast of the United States," Marine Policy, Elsevier, vol. 43(C), pages 217-225.
    9. Bruno Drouot, 2012. "Les facteurs explicatifs de la dépendance économique des patrons pêcheurs à une ressource naturelle : le cas de la pêcherie de bar commun en France," Post-Print hal-01870830, HAL.
    10. Francesco Parisi & Norbert Schulz & Ben Depoorter, 2004. "Simultaneous and Sequential Anticommons," European Journal of Law and Economics, Springer, vol. 17(2), pages 175-190, March.
    11. Arnason, Ragnar, 2009. "Fisheries management and operations research," European Journal of Operational Research, Elsevier, vol. 193(3), pages 741-751, March.
    12. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
    13. Gary D. Libecap, 2018. "Property Rights to Frontier Land and Minerals: US Exceptionalism," NBER Working Papers 24544, National Bureau of Economic Research, Inc.
    14. Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269, August.
    15. Fuentes-Castro, Daniel, 2009. "Inefficiency and common property regimes," Ecological Economics, Elsevier, vol. 68(6), pages 1740-1748, April.
    16. McAfee, R. Preston & Miller, Alan D., 2012. "The tradeoff of the commons," Journal of Public Economics, Elsevier, vol. 96(3), pages 349-353.
    17. Gary D. Libecap, 2009. "The tragedy of the commons: property rights and markets as solutions to resource and environmental problems," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(1), pages 129-144, January.
    18. Edwards, Steven F., 2003. "Property rights to multi-attribute fishery resources," Ecological Economics, Elsevier, vol. 44(2-3), pages 309-323, March.
    19. Mahoney, Joseph T., 2012. "Towards a Stakeholder Theory of Strategic Management," Working Papers 12-0100, University of Illinois at Urbana-Champaign, College of Business.
    20. Carsten Lynge Jensen, 1999. "A Critical Review of the Common Fisheries Policy," Working Papers 6/99, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.

    More about this item

    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:zbw:wuewep:21. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/viwuede.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.