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Most U.S. states passed married women's property and earnings acts between 1850 and 1920. These acts gave married women the right to own and control their separate property, and to own their market earnings. We examine the acts' effects on investment by families in girls' human capital. Standard...
Persistent link: https://www.econbiz.de/10012708984
This Article addresses the question of whether cultural property laws, which require archaeological artifacts to remain in countries of origin, have been a boon for nations with extensive archaeological records, as most archaeologists and lawmakers presume, or have hampered archaeological...
Persistent link: https://www.econbiz.de/10012998692
Economists often envision commons and anticommons as occurring from either too few or too many rights-claimants over a good. While this perspective has an intuitive appeal, it obfuscates similarities between commons and anticommons, with significant impact on proposed policy solutions. This...
Persistent link: https://www.econbiz.de/10013104779
This article examines and questions the traditional justifications for intellectual property (I.P.) rights in America (focusing on copyright and patent law), and explores incentives necessary to induce the creation of these works of information. I conclude that changes are needed to I.P. law in...
Persistent link: https://www.econbiz.de/10014066039
Many modern-day Americans think about legal rights in a dualistic fashion. "Personal rights" fall on one side of the divide, while "property rights" fall on the other, and these categories of rights often are deemed to be separate and distinct. This essay, which introduces a symposium on...
Persistent link: https://www.econbiz.de/10014212219
By demanding stewardship of natural capital over exploitation, sustainability envisions a property regime less committed to individual property rights than are the traditional and economic theories of property. While the traditional property theories of Blackstone, Locke, and U.S. constitutional...
Persistent link: https://www.econbiz.de/10012708496
How societies can cope with flood risk along coasts and riverbanks is a critical theoretical and empirical problem – particularly in the wake of anthropogenic climate change and the increased severity of floods. An example of this challenge is the growing costs of publicly-funded flood defense...
Persistent link: https://www.econbiz.de/10012848355
Persistent link: https://www.econbiz.de/10012850097
To clarify the determinants and interaction of property rights and transaction costs, I study the design of the legal protection of either a good whose consensual transfer entails a transaction inefficiency or an upstream firm's input whose random cost is unverifiable and ex ante...
Persistent link: https://www.econbiz.de/10012850824
To clarify the determinants and interaction of property rights and transaction costs, I study the design of the legal protection of either a good whose consensual transfer entails a transaction inefficiency or an upstream firm's input whose random cost is unverifiable and ex ante...
Persistent link: https://www.econbiz.de/10012853570