Purpose – To analyze the legal, ethical, and economic implications of governmentally criminalized graffiti. Design/methodology/approach – First the paper presents the act of graffiti as a minor form of rebellion against an unjust government according to the criteria of just war theory. Once...

Purpose – The purpose of this paper is to explore the status of economic analysis of laws relating to property and contracts during ancient times in India. Design/methodology/approach – Modern research tools are used to present Kautilya's ideas on contracts and property. Findings –...

Purpose – Building on the property rights framework, the purpose of this paper is to frame the cooperative business model in terms of strategic options held either by the board or by members. Options that are analyzed include growth and restructuring, dividend allocation, member entry and...

If property rights in land are so beneficial, why are they not adopted more widely? I propose a theory based on the idea that limited property rights over peasants' plots may be supported by elite landowners (who depend on peasants for labour) to achieve two goals. First, like other distortions...