Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/48452 
Year of Publication: 
2003
Series/Report no.: 
W.E.P. - Würzburg Economic Papers No. 46
Publisher: 
University of Würzburg, Department of Economics, Würzburg
Abstract: 
Commons and Anticommons problems are the consequence of symmetric structural departures from a unified conception of property. In this paper, we endeavor to provide a dual model of property, where commons and anticommons problems are the consequence of a lack of conformity between use and exclusion rights. While Commons and Anticommons problems are symmetric in this sense, they are associated with asymmetric transaction costs. The paper formulates a hypothesis of legal rules for promoting unity in property and suggests a list of possible areas of application.
Document Type: 
Working Paper

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