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dc.contributor.authorGrechenig, Kristoffelen
dc.contributor.authorKolmar, Martinen
dc.date.accessioned2011-10-17-
dc.date.accessioned2012-04-24T11:05:24Z-
dc.date.available2012-04-24T11:05:24Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/57503-
dc.description.abstractThe modern state has monopolized the legitimate use of force. This concept is twofold. First, the state is empowered with enforcement rights; second, the rights of the individuals are (partly) restricted. In a simple model of property rights with appropriation and defense activity, we show that a restriction of private enforcement is beneficial for the property owner, even if there are no economies of scale from public protection. We emphasize the role of the state as a commitment device for a certain level of enforcement. However, commitment will only work if the state can regulate private protection. A ban of private enforcement measures can even be beneficial in situations where there would be no private enforcement at first place because the shadow of defense has a negative impact on the investments in property rights infringements. From a legal perspective, our approach emphasizes a regulation of victim behavior as opposed to the standard approach which focuses on the regulation of criminal behavior.en
dc.language.isoengen
dc.publisher|aMax Planck Institute for Research on Collective Goods |cBonnen
dc.relation.ispartofseries|aPreprints of the Max Planck Institute for Research on Collective Goods |x2011,24en
dc.subject.jelK42en
dc.subject.jelP14en
dc.subject.jelP37en
dc.subject.jelP48en
dc.subject.jelN40en
dc.subject.ddc330en
dc.subject.keywordContestsen
dc.subject.keywordProperty Rightsen
dc.subject.keywordEnforcementen
dc.subject.keywordPrivate Protectionen
dc.subject.keywordLawen
dc.subject.stwEigentumsrechten
dc.subject.stwRechtsdurchsetzungen
dc.subject.stwStaatsgewalten
dc.subject.stwKriminalitäten
dc.subject.stwTheorieen
dc.titleThe state's enforcement monopoly and the private protection of property-
dc.typeWorking Paperen
dc.identifier.ppn670048933en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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