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Is mutually beneficial cooperation in trust games more prevalent with private property or common property? Does the … strength of property right entitlement affect the answer? Cox, Ostrom, Walker, et al. report little difference between … cooperation in private and common property trust games. We assign stronger property right entitlements by requiring subjects to …
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of that debate – the claim by Austrian economists that socialism is impossible because the absence of private property in … property is required for economic calculation, and that several control is consistent with public ownership of the means of …
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possess in common with others".Aristotle (384–322 BC) [cited after Gwartney, 1991, p. 67]Private property rights form an open …). Property rights establish protected and widely respected rights of ownership. They allow, in the first instance, "passive use … rights. Secondly, they encompass rights of autonomous "active use" — to combine the asset with the property of others in …
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It deals with the property theories with respect to Patents and tries illustrate that Patents are better off with … collective property rather than private property …
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property in the means of production, and without that private property economic calculation could not take place. In the … article ‘Economic Calculation: Private Property or Several Control?’, published in this journal in 2015, I argued that this … was mistaken. Not private property, but several control, was required for economic calculation, and since several control …
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