Efficient Property Rights: The Contribution of Transaction Cost Economics (forthcoming)

Research output: Contribution in Book/Catalog/Report/Conference proceedingChapter

Abstract

This contribution presents and discusses the arguments underlying the idea that the superiority of private property is not absolute but actually depends on the circumstances prevailing in a given society at a certain time. This is done in two successive parts. In the first part, we compare open access understood as an extreme regime in which there are no property rights with regimes in which such rights exist. In the next one, we discuss the advantages and disadvantages of a regime of collective or community ownership vis-à-vis a regime of private ownership.
Original languageEnglish
Title of host publicationInternational Handbook of Development Economics
EditorsA. K. J Dutt
Place of PublicationLondon
PublisherEdward Elgar
Publication statusUnpublished - 2006

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    Platteau, J-P., & Baland, J-M. (2006). Efficient Property Rights: The Contribution of Transaction Cost Economics (forthcoming). Unpublished. In A. K. J. Dutt (Ed.), International Handbook of Development Economics Edward Elgar.