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Organizational and Institutional Dynamics On The Evolution of Property Rights: Historical Evidence

Author

Listed:
  • M. C Thaize-Challier

    (CERAG - Centre d'études et de recherches appliquées à la gestion - UPMF - Université Pierre Mendès France - Grenoble 2 - CNRS - Centre National de la Recherche Scientifique)

Abstract

This article studies property rights through relationships between custom, institutions, and organizations. Using historical evidence, it examines the evolution of property rights in French medieval economy. The success of some tenants in obtaining the effective ownership is scrutinized on the basis of seigniorial policy and tenants' responses. This paper shows how strategies were articulated around concepts of property rights (residual rights, differents ways in getting rights, alliance and integration (tie-ins) versus rivalry and exclusion, coercive power or voluntary exchanges, transaction costs, and incentives. It sheds light on redesigns of institutions and organizations through causes and consequences of rebundlings of rights.

Suggested Citation

  • M. C Thaize-Challier, 2005. "Organizational and Institutional Dynamics On The Evolution of Property Rights: Historical Evidence," Post-Print halshs-00101651, HAL.
    • Handle: RePEc:hal:journl:halshs-00101651
    as

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