Coasian Bargaining & Property Rights (10/5/2017)
Efficient assignment of property rights could achieve efficient adverse impact without negotiation cost and Coasian bargaining.
Keywords: adverse impact, Coase, Coasian bargaining, externality, negotiation cost, pollution, property right
Enforce It or Lose It (12/21/2001)
Dutch property owners hire free antisquatters to prevent squatters from occuping vacant buildings.
Keywords: Amsterdam, antisquatting, enforcement cost, fence, Netherlands, property right, referral agency, squatter
Making Animal Conservation Pay (6/29/1999)
People will conserve wildlife if they have a financial stake in it.
Keywords: animal, conservation, elephants, endangered species, environmentalism, free-market, Greenland, hunting rights, Kenya, property right, salmon, wildlife, wolf, wolves, Zimbabwe
Metered Consumption (3/7/2007)
Resource conservation depends on who pays and the time horizon of costs vs benefits.
Keywords: energy conservation metering, energy efficiency, external cost, fixed cost, insulation, internal cost, landlord, life cycle cost, long-term benefit, marginal cost, private cost, property right, short-term cost, social cost, tenants, water
Patently Deadly (3/7/2002)
Granting patents to biotechnology discoveries encourages inventions but could delay the introduction of competing products.
Keywords: Abbott, barrier of entry, Bio-Rad, blood transfusion, HIV test, HIV-1, HIV-2, infection, license, NIH, patents, property right
Rivalry and Excludability in Goods (8/15/2006)
Goods can be classified by their consumption rivalry and ability to exclude non-payers.
Keywords: advertisement, apple, Commons good, enforcement cost, excludability, indirect funding, low-congestion good, private good, property right, public good, radio, rivalry, school, tax
Scrapped Art (3/7/2007)
High prices of copper have led to theft of bronze sculptures for material recycling.
Keywords: Aztec gold, copper, material recycling, oil, plastic crates, plastic resin, property right, scrap metal, theft
The Dust Bowl - Natural or Man-made Disaster? (12/21/2001)
High transaction costs, whether natural or artificial, could delay the transfer of property rights from lower-value use to higher-value use.
Keywords: consolidation, disaster, diversification, Dust Bowl, farm size, Great Plains states, Homestead Act, livestock, property right, transaction cost
What Makes Rights? (12/21/2001)
Temporary property rights created out of sympathy or a preference for insiders over outsiders might become politically entrenched.
Keywords: assistance, capitalization, Coke, compensation, delayed adjustment, disaster, factoring, lobby, Pepsi, presumed right, property right, steel, swing states, swing vote, sympathy, trade protection, vested interests