Evolution and Chaos in Property Rights Systems: The Third World Tragedy of Contested Access
According to conventional law-and-economics theory, private property rights tend to evolve as resource values rise. This optimistic assessment fails to explain the development of open access in many Third World property systems. Indeed, while the evolution of property has been studied extensively, scholars have paid relatively little attention to the evolution of open access itself. This Essay presents a theoretical analysis of open access that focuses on contested institutional interactions...[Show more]
|Collections||ANU Research Publications|
|Source:||Yale Law Journal|
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