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We present a model of coalitional property rights (CPR) regimes regimes in which ownership of a good is attributable to coalitions of various sizes. Specifically, for each good, we define a legal structure that specifies the legal coalitions of individuals that share a communal claim to that...
Persistent link: https://www.econbiz.de/10014056562
We present a model of coalitional property rights (CPR) regimes ? regimes in which ownership of a good is attributable to coalitions of various sizes. Specifically, for each good, we define a legal structure that specifies the legal coalitions of individuals that share a communal claim to that...
Persistent link: https://www.econbiz.de/10014063862