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1

HODGSON, GEOFFREY M. "Much of the ‘economics of property rights’ devalues property and legal rights." Journal of Institutional Economics 11, no. 4 (2015): 683–709. http://dx.doi.org/10.1017/s1744137414000630.

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AbstractLegal theorists and other commentators have long established a distinction between property and possession. According to this usage adopted here, possession refers to control of a resource, but property involves legally sanctioned rights. Strikingly, prominent foundational accounts of the ‘economics of property rights’ concentrate on possession, downplaying the issue of legitimate legal rights (Alchian, 1965, 1977; Barzel, 1994, 1997, 2002; von Mises, 1981). Some authors in this genre make a distinction between ‘economic rights’ and ‘legal rights’ where the former are more to do with p
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2

Рогожин, S. Rogozhin, Сазанова, and S. Sazanova. "Intellectual Property Rights: Institutional Approach." Administration 4, no. 1 (2016): 74–78. http://dx.doi.org/10.12737/18796.

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The authors consider the intellectual property rights from two points of view: legal theory and institutional
 economical theory. Contents of “intellectual property” and “intellectual rights” concepts have been revealed
 in this paper, and the necessity of their study has been justified not only from the legal point of view, but also
 from the economic one. The authors emphasize that the institutional economics in general and the economic
 theory of property rights, in particular, have a great potential in the study both of theoretical and practical
 aspects related to
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3

Milonakis, Dimitris, and Giorgos Meramveliotakis. "Homo Economicus and the Economics of Property Rights." Review of Radical Political Economics 45, no. 1 (2012): 5–23. http://dx.doi.org/10.1177/0486613412447055.

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4

Lueck, Dean, and Gustavo Torrens. "Property rights and domestication." Journal of Institutional Economics 16, no. 2 (2019): 199–215. http://dx.doi.org/10.1017/s1744137419000390.

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AbstractThis paper combines the property rights approach of Barzel with models from renewable resource and evolutionary economics to examine the domestication of wild animals. Wild animals are governed by weak property rights to stocks and individuals while domesticated animals are governed by private ownership of stocks and individuals. The complex evolutionary process of domestication can be viewed as a conversion of wild populations into private property, as well as a transition from natural selection to economic selection controlled by owners of populations and individuals. In our framewor
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5

Kim, Annette M. "A market without the 'right' property rights." Economics of Transition 12, no. 2 (2004): 275–305. http://dx.doi.org/10.1111/j.0967-0750.2004.00179.x.

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6

Kay, John. "The economics of intellectual property rights." International Review of Law and Economics 13, no. 4 (1993): 337–48. http://dx.doi.org/10.1016/0144-8188(93)90028-4.

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7

FOSS, KIRSTEN, and NICOLAI FOSS. "Coasian and modern property rights economics." Journal of Institutional Economics 11, no. 2 (2014): 391–411. http://dx.doi.org/10.1017/s1744137414000484.

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Abstract:Laying the foundations of property rights economics stands out among Ronald Coase's many seminal contributions. This approach had an impact on a number of fields in economics in, particularly, the 1960s and 1970s. The modern body of property rights economics mainly originates in the work Oliver Hart and is quite different in style, scope, and implications from the original property rights economics of Coase, Demsetz, Alchian, Cheung, Umbeck, Barzel, etc. Based on our earlier work on the subject (Foss and Foss, 2001), we argue that the change from Mark I to Mark II property rights econ
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8

ALLEN, DOUGLAS W. "On Hodgson on property rights." Journal of Institutional Economics 11, no. 4 (2015): 711–17. http://dx.doi.org/10.1017/s1744137415000132.

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AbstractGeoffrey Hodgson has a number of criticisms regarding the ‘economic approach to property rights’ that has been mostly championed by members of the UCLA and Washington departments of economics during the 1960s–1990s. In this short note I address these comments and point out that most are simply a matter of nomenclature. When there are disagreements they stem from Hodgson’s failure to account for positive transaction costs and this literature’s emphasis on operational explanations of organization.
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9

Swanson, Timothy M., Yoram Barzel, and Gary D. Libecap. "Economic Analysis of Property Rights." Economic Journal 102, no. 410 (1992): 169. http://dx.doi.org/10.2307/2234867.

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10

Mihályi, Péter. "Property Rights and Privatization." Eastern European Economics 31, no. 2 (1992): 05–64. http://dx.doi.org/10.1080/00128775.1992.11648500.

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11

Johnson, Simon, John McMillan, and Christopher Woodruff. "Property Rights and Finance." American Economic Review 92, no. 5 (2002): 1335–56. http://dx.doi.org/10.1257/000282802762024539.

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Which is the tighter constraint on private sector investment: weak property rights or limited access to external finance? From a survey of new firms in post-communist countries, we find that weak property rights discourage firms from reinvesting their profits, even when bank loans are available. Where property rights are relatively strong, firms reinvest their profits; where they are relatively weak, entrepreneurs do not want to invest from retained earnings.
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12

Frech, H. E. "Contracting for property rights." Journal of Comparative Economics 15, no. 3 (1991): 536–38. http://dx.doi.org/10.1016/0147-5967(91)90043-s.

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13

Fatima, Noor, Muhammad Zubair, and Zubair Sarfaraz. "Institutional Setup in Market Economy and Islamic Property Rights." Global Economics Review III, no. I (2018): 12–20. http://dx.doi.org/10.31703/ger.2018(iii-i).02.

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This paper argues that there is an ever-growing demand to correlate between Islam and Economics. Property-right and ownership is the basic concept of the modern economic structure of a liberal economic system. A property right is well explained in Islam and that also an essential element for the market economy, this paper discusses the Islamic perspective of property rights and how far it is complementary with the market economy. Since property rights of Islam are central to the structure of the economic system, Islam also emphasizes on economically good life depends on free trade. Free trade
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14

Fulton, Murray. "The Economics of Intellectual Property Rights: Discussion." American Journal of Agricultural Economics 79, no. 5 (1997): 1592–94. http://dx.doi.org/10.2307/1244386.

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15

Richardson, Martin. "Intellectual property rights: An international economics perspective." Review of Industrial Organization 6, no. 3 (1991): 247–67. http://dx.doi.org/10.1007/bf00378125.

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16

Frey, Bruno S., and Heinz Buhofer. "Prisoners and Property Rights." Journal of Law and Economics 31, no. 1 (1988): 19–46. http://dx.doi.org/10.1086/467148.

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17

Ouattara, B., and S. Standaert. "Property rights revisited." European Journal of Political Economy 64 (September 2020): 101895. http://dx.doi.org/10.1016/j.ejpoleco.2020.101895.

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18

Teraji, Shinji. "Property rights, trust, and economic performance." Journal of Socio-Economics 37, no. 4 (2008): 1584–96. http://dx.doi.org/10.1016/j.socec.2007.06.008.

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19

COLIN, JEAN-PHILIPPE. "Disentangling intra-kinship property rights in land: a contribution of economic ethnography to land economics in Africa." Journal of Institutional Economics 4, no. 2 (2008): 231–54. http://dx.doi.org/10.1017/s1744137408000970.

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AbstractThe issue of property rights in land has taken central stage in research in institutional economics regarding developing countries. In the African context, numerous studies have dealt with the individualization and commodification of customary land rights. The issue of intra-family land rights tends however to remain a black box, regarding the content of the bundle of rights and duties, the identification of the right holders and the transfers of rights within the family. Drawing from the insights of institutional economics as well as economic and legal anthropology, this paper present
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20

Stryszowski, Piotr K. "Intellectual Property Rights, Globalization and Growth." Global Economy Journal 6, no. 4 (2006): 1850100. http://dx.doi.org/10.2202/1524-5861.1224.

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This paper presents a model that combines the key features of a Schumpeterian growth model without scale effects and a North-South model of trade. All open economies converge to parallel growth paths because of costly technological transfer. The effects of intellectual property rights (IPR) regimes and trade policies on the growth rate is studied, as well as on a given country's economic performance. The requirement that trade be balanced neutralizes all potential effects of the tariff policy on the world's growth rate, and on the performance of a single country. By contrast, an improvement of
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21

Li, Xiang. "Market Correlation and Property Rights." Journal of Institutional and Theoretical Economics 166, no. 3 (2010): 426. http://dx.doi.org/10.1628/093245610793102143.

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22

Río, Fernando. "Property Rights, Predation, and Productivity*." Scandinavian Journal of Economics 121, no. 3 (2019): 1154–88. http://dx.doi.org/10.1111/sjoe.12294.

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23

Levine, Ross. "Law, Endowments and Property Rights." Journal of Economic Perspectives 19, no. 3 (2005): 61–88. http://dx.doi.org/10.1257/089533005774357842.

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While scholars have hypothesized about the sources of variation in property rights for over 2500 years, it is only very recently that researchers have begun to test these theories empirically. This paper reviews both the theory and empirical evidence supporting and refuting the law and endowment views of property rights. The law view holds that historically determined differences in national legal traditions continue to shape cross-country differences in property rights. The endowment view argues that during European colonization, differences in climate, crops, the indigenous population, and t
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24

Kretz, Claudio. "Consistent rights on property spaces." Journal of Economic Theory 197 (October 2021): 105323. http://dx.doi.org/10.1016/j.jet.2021.105323.

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25

Bel, Roland. "Productivity, Focus and Property Rights." International Advances in Economic Research 14, no. 3 (2008): 352. http://dx.doi.org/10.1007/s11294-008-9159-6.

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26

Jankovic, Ivan, and Walter Block. "Private Property Rights, Government Interventionism and Welfare Economics." Review of Economic Perspectives 19, no. 4 (2019): 365–97. http://dx.doi.org/10.2478/revecp-2019-0019.

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Abstract We develop a critique of government interventionism based on the Misesian calculation argument against socialism. If private property rights and relative prices based on supply and demand are necessary for successful economic coordination, then conventional market failure theories cannot be sustained. Government interventionism based on the idea of correcting “market failures” is analytically just a milder form of socialist central planning. Between the two, there are only differences in degree, not in kind. We criticize several public choice and law and economics scholars for disrega
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27

Redford, Audrey. "Property rights, entrepreneurship, and economic development." Review of Austrian Economics 33, no. 1-2 (2019): 139–61. http://dx.doi.org/10.1007/s11138-019-00485-6.

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28

Bartkowski, Bartosz, Bernd Hansjürgens, Stefan Möckel, and Stephan Bartke. "Institutional Economics of Agricultural Soil Ecosystem Services." Sustainability 10, no. 7 (2018): 2447. http://dx.doi.org/10.3390/su10072447.

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Who owns the soils? What seems to be a straightforward legal issue actually opens up a debate about the ecosystem services that can be derived from soils and the distribution of benefits and responsibilities for sustaining functioning and healthy soils. In particular, agricultural land use may be constrained by a lack of properly defined property rights. Using the new institutional economics perspective, we show that multifunctionality of soils and an attribute-based property rights perspective substantiate the intuition that land property implies special obligations towards the common good. T
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29

Anderson, Terry L., and Peter J. Hill. "The Race for Property Rights." Journal of Law and Economics 33, no. 1 (1990): 177–97. http://dx.doi.org/10.1086/467203.

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30

Wein, Sheldon. "Security and Global Property Rights." Humanomics 16, no. 2 (2000): 41–51. http://dx.doi.org/10.1108/eb018852.

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31

Chu, Angus C., Guido Cozzi, and Silvia Galli. "Stage-dependent intellectual property rights." Journal of Development Economics 106 (January 2014): 239–49. http://dx.doi.org/10.1016/j.jdeveco.2013.10.005.

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32

Udry, Christopher. "Introduction: Land and property rights." Journal of Development Economics 110 (September 2014): 170. http://dx.doi.org/10.1016/j.jdeveco.2014.06.002.

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33

Cole, Daniel H., and Peter Z. Grossman. "The Meaning of Property Rights: Law versus Economics?" Land Economics 78, no. 3 (2002): 317–30. http://dx.doi.org/10.2307/3146892.

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34

Liew, Leong H. "THE ECONOMICS OF REGIONAL PROPERTY RIGHTS IN CHINA." Papers in Regional Science 73, no. 2 (2005): 169–88. http://dx.doi.org/10.1111/j.1435-5597.1994.tb00609.x.

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35

Mello, Maria Tereza Leopardi. ""PROPERTY" RIGHTS AND THE WAYS OF PROTECTING ENTITLEMENTS - AN INTERDISCIPLINARY APPROACH." Revista de Economia Contemporânea 20, no. 3 (2016): 430–57. http://dx.doi.org/10.1590/198055272033.

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Abstract This paper discusses the concept of "property" rights in an interdisciplinary perspective (Law and Economics) in order to compose an analytical conceptual framework to issues related to appropriability involved in public goods (PG) and common pool resources (CPR) analysis. Firstly, we discuss the differences between legal and economic concepts of property rights, trying to integrate economic and legal analytical elements: a right is an opportunity for current or future uses of an asset that is guaranteed by legal system (an enforceable power to maintain the control over economic oppor
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36

Lamoreaux, Naomi R. "The Mystery of Property Rights: A U.S. Perspective." Journal of Economic History 71, no. 2 (2011): 275–306. http://dx.doi.org/10.1017/s0022050711001537.

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Economic development requires both secure property rights and the ability to reallocate property in response to technological and other changes. Significant reallocations have occurred repeatedly throughout U.S. history and have often been involuntary. This essay considers the question of how property rights can be subject to frequent involuntary reallocation and still be considered secure. “Upon the sacredness of property civilization itself depends—the right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions.”1Andrew Carn
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37

Livingston, Marie Leigh. "Contracting for Property Rights." Journal of Economic Issues 25, no. 1 (1991): 283–85. http://dx.doi.org/10.1080/00213624.1991.11505162.

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38

May, Larry. "Corporate property rights." Journal of Business Ethics 5, no. 3 (1986): 225–32. http://dx.doi.org/10.1007/bf00383630.

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39

Zak, Paul J. "Institutions, Property Rights, and Growth." Recherches économiques de Louvain 68, no. 1 (2002): 55. http://dx.doi.org/10.3917/rel.681.0055.

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40

Cai, Yongyang, Harris Selod, and Jevgenijs Steinbuks. "Urbanization and land property rights." Regional Science and Urban Economics 70 (May 2018): 246–57. http://dx.doi.org/10.1016/j.regsciurbeco.2018.04.007.

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41

Mulligan, Robert F. "Property Rights and Time Preference." Quarterly Journal of Austrian Economics 10, no. 1 (2007): 21–47. http://dx.doi.org/10.1007/s12113-007-9006-2.

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42

SMITH, HENRY E. "Property as complex interaction." Journal of Institutional Economics 13, no. 4 (2017): 809–14. http://dx.doi.org/10.1017/s1744137417000157.

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AbstractIn his important article, Benito Arruñada draws out the significance of sequential exchange for property rights and traces inadequacies in the economics of property rights to its overly contractual focus, to the exclusion of multiple transactions on the same asset. In this comment, I argue that although Arruñada's problem is a genuine one, it is part of a larger inadequacy in the economic analysis of property rights: property institutions have to manage complexity stemming from many kinds of interactions, making it problematic to focus solely on local interactions. Modular structures i
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43

Boettke, Peter J. "Property, predation and socialist reality." Journal of Institutional Economics 16, no. 2 (2019): 185–97. http://dx.doi.org/10.1017/s1744137419000407.

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AbstractEconomics as a social science is about exchange and the institutions within which exchange relationships are formed and transactions are executed. Yoram Barzel's contribution to economics and political economy reflect this focus on exchange and institutions. In this paper, I will sketch a theory of real-existing socialist economies from a property rights/public choice perspective. Then I present the puzzles in political economy that such a system confronted in attempting to create a prosperous, regenerating and competitive economic system. I then conclude with a short discussion of the
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44

Polishchuk, Leonid, and Alexei Savvateev. "Spontaneous (non)emergence of property rights." Economics of Transition 12, no. 1 (2004): 103–27. http://dx.doi.org/10.1111/j.0967-0750.2004.00173.x.

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45

Dhami, Sanjit. "Property Rights: Cooperation, Conflict, and Law." Economic Journal 114, no. 493 (2004): F147—F149. http://dx.doi.org/10.1111/j.0013-0133.2004.191_5.x.

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46

Eicher, Theo S., and Monique Newiak. "Intellectual property rights as development determinants." Canadian Journal of Economics/Revue canadienne d'économique 46, no. 1 (2013): 4–22. http://dx.doi.org/10.1111/caje.12000.

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47

Williams, Philip L. "Mabo and Inalienable Rights to Property." Australian Economic Review 26, no. 3 (1993): 41–44. http://dx.doi.org/10.1111/j.1467-8462.1993.tb00796.x.

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48

Grossman, Herschel I. "The Creation of Effective Property Rights." American Economic Review 91, no. 2 (2001): 347–52. http://dx.doi.org/10.1257/aer.91.2.347.

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49

Auerbach, Jan U. "Property rights enforcement with unverifiable incomes." Economic Theory 68, no. 3 (2018): 701–35. http://dx.doi.org/10.1007/s00199-018-1141-9.

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50

Gonzalez, Francisco M. "Effective property rights, conflict and growth." Journal of Economic Theory 137, no. 1 (2007): 127–39. http://dx.doi.org/10.1016/j.jet.2005.07.011.

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