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The Evolution of Property Rights

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  • Field, Barry C

Abstract

A model of the "optimal commons" shows how property tenures result from the interaction of transactions costs among those people using a resource in common and the costs of excluding noncommoners. The model shows that, under some circumstances, demographic and economic growth will induce a change toward individual property, while under other circumstances, growth can lead toward common property. Empirical examples of these shifts are discussed. Collective governance institutions are critical to the process; in fact, changes in governance institutions can lead to property rights changes in the absence of changes in underlying economic factors. Copyright 1989 by WWZ and Helbing & Lichtenhahn Verlag AG

Suggested Citation

  • Field, Barry C, 1989. "The Evolution of Property Rights," Kyklos, Wiley Blackwell, vol. 42(3), pages 319-345.
    • Handle: RePEc:bla:kyklos:v:42:y:1989:i:3:p:319-45
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    Citations

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    Cited by:

    1. Louis Hotte, 2005. "Natural-resource exploitation with costly enforcement of property rights," Oxford Economic Papers, Oxford University Press, vol. 57(3), pages 497-521, July.
    2. van Griethuysen, Pascal, 2012. "Bona diagnosis, bona curatio: How property economics clarifies the degrowth debate," Ecological Economics, Elsevier, vol. 84(C), pages 262-269.
    3. Leeson, Peter T. & Harris, Colin, 2018. "Wealth-destroying private property rights," World Development, Elsevier, vol. 107(C), pages 1-9.
    4. Lueck, Dean & Miceli, Thomas J., 2007. "Property Law," Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 1, chapter 3, pages 183-257, Elsevier.
      • Dean Lueck & Thomas J. Miceli, 2004. "Property Law," Working papers 2004-04, University of Connecticut, Department of Economics.
    5. Joel Kincaid, 2004. "A note on some determinants of property rights in U.S. marine fisheries," Economics Bulletin, AccessEcon, vol. 17(6), pages 1-11.
    6. Siegmund, Uwe, 1996. "Are there nationalization-privatization cycles? A theoretical survey and first empirical evidence," Kiel Working Papers 757, Kiel Institute for the World Economy (IfW Kiel).
    7. Thomas Vendryes, 2014. "Peasants Against Private Property Rights: A Review Of The Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 971-995, December.
    8. Paul Hallwood, 2003. "Sustaining the Economic Rent of Oceanic Resources: The Case of Marine Protected Areas," Working papers 2003-20, University of Connecticut, Department of Economics.
    9. Calbay, Arman, 2006. "Property Rights and Theory of Value," MPRA Paper 25827, University Library of Munich, Germany, revised 31 Jul 2009.
    10. Nugent, Jeffrey B. & Sanchez, Nicholas, 1999. "The local variability of rainfall and tribal institutions: the case of Sudan," Journal of Economic Behavior & Organization, Elsevier, vol. 39(3), pages 263-291, July.
    11. Sankhayan, Prem L. & Hofstad, Ole, 2001. "A village-level economic model of land clearing, grazing, and wood harvesting for sub-Saharan Africa: with a case study in southern Senegal," Ecological Economics, Elsevier, vol. 38(3), pages 423-440, September.
    12. Siegmund, Uwe, 1997. "Warum Privatisierung? Eine Dogmengeschichte der Privatisierungstheorien," Kiel Working Papers 785, Kiel Institute for the World Economy (IfW Kiel).
    13. Max Boisot & Ian MacMillan & Kyeong Han, 2007. "Property rights and information flows: a simulation approach," Journal of Evolutionary Economics, Springer, vol. 17(1), pages 63-93, February.
    14. Briones, Roehlano M., 2000. "Property Rights Reform in Philippine Agriculture: Framework for Analysis and Review of Recent Experience," Discussion Papers DP 2000-29, Philippine Institute for Development Studies.
    15. Juan-Camilo Cardenas, 2002. "Rethinking local commons dilemmas: Lessons from experimental economics in the field," Artefactual Field Experiments 00020, The Field Experiments Website.
    16. Hotte, Louis & Long, Ngo Van & Tian, Huilan, 2000. "International trade with endogenous enforcement of property rights," Journal of Development Economics, Elsevier, vol. 62(1), pages 25-54, June.
    17. Banks, Tony, 2003. "Property Rights Reform in Rangeland China: Dilemmas On the Road to the Household Ranch," World Development, Elsevier, vol. 31(12), pages 2129-2142, December.
    18. Elinor Ostrom, 2003. "How Types of Goods and Property Rights Jointly Affect Collective Action," Journal of Theoretical Politics, , vol. 15(3), pages 239-270, July.
    19. Kurt Annen, 2006. "Property Rights Assignment: Conflict and the Implementability of Rules," Economics of Governance, Springer, vol. 7(2), pages 155-166, May.
    20. Argyres, Nicholas S. & Liebeskind, Julia Porter, 1998. "Privatizing the intellectual commons: Universities and the commercialization of biotechnology," Journal of Economic Behavior & Organization, Elsevier, vol. 35(4), pages 427-454, May.
    21. Peña, Ximena & Vélez, María Alejandra & Cárdenas, Juan Camilo & Perdomo, Natalia & Matajira, Camilo, 2017. "Collective Property Leads to Household Investments: Lessons From Land Titling in Afro-Colombian Communities," World Development, Elsevier, vol. 97(C), pages 27-48.
    22. Harris,Colin & Cai,Meina & Murtazashvili,Ilia & Murtazashvili,Jennifer Brick, 2020. "The Origins and Consequences of Property Rights," Cambridge Books, Cambridge University Press, number 9781108969055, November.
    23. Bertacchini, Enrico & Grazzini, Jakob & Vallino, Elena, 2013. "Emergence and Evolution of Property Rights: an Agent Based Perspective," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201340, University of Turin.

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