Fitzpatrick, DanielMcWilliam, Andrew2015-12-130023-9216http://hdl.handle.net/1885/72650Recent law and economics scholarship has revived a debate on bright-line rules in property theory. Economic analysis asserts a baseline preference for bright-line property rules because of the information costs if "all the world" had to understand a rangeResearch for this article was funded by a grant from the Australian Research Council (Discovery Project DP0556531).201310.1111/lasr.120142015-12-11