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In this paper we critically review the literature on rational choice theory (RCT) and the critical approaches to it. We will present a concise description of the theory as defended by Gary Becker, Richard Posner and James Coleman (as well as others) at the University of Chicago from the...
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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...
Persistent link: https://www.econbiz.de/10010305742
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...
Persistent link: https://www.econbiz.de/10010305775
This paper develops a general model of anticommons fragmentation in property. To this end, we differentiate between different forms of property fragmentation. With the use of several functionally related examples, we consider the equilibria obtained under different scenarios. The various...
Persistent link: https://www.econbiz.de/10010305778
Abstract The papers presented in this volume are based on the conference "Social Norms, Self-Interest and Legal Compliance" which took place in Bar-Ilan University and Hebrew University in May 2007. The conference focused on several key themes in the social norms literature, including critical...
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