We develop an organizational governance model with a single buyer and endogenous upstream entry. Investments and control rights over assets and actions are immediately contractable; production is contractable after uncertainty resolves. We show the following: Supplier competition eliminates...

We estimate the impact of infrastructure investment on conflict using 163 hydroelectric dams in Brazil (2002-2022). Leveraging the staggered rollout of construction in a difference-in-differences framework, we find that dams trigger sharp, temporary surges in land invasions, water disputes, and...

We develop an organizational governance model with a single buyer and endogenous upstream entry. Investments and control rights over assets and actions are immediately contractable; production is contractable after uncertainty resolves. We show the following: Supplier competition eliminates...

We estimate the impact of infrastructure investment on conflict using 163 hydroelectric dams in Brazil (2002–2022). Leveraging the staggered rollout of construction in a difference-in-differences framework, we find that dams trigger sharp, temporary surges in land invasions, water disputes,...

Direct evidence on variations in work incentives across different property rights systems remains scarce. This paper examines absenteeism among individuals employed in worker cooperatives - firms that are ultimately controlled by their workforce. By leveraging employment data matched with sick...

We synthesize research on conflict as a fundamental economic phenomenon, arguing that the implications of the "dark side of self-interest" have received insufficient attention in economics. We define conflict as interactions where parties choose costly inputs that are adversarially combined...

Prior to the widespread adoption of barbed wire in the late 19th century, the absence of cheap fencing materials in the western United States led to violent conflict in the presence of competing claims over land-use. Using data from the full count U.S. Censuses of Mortality for the years 1850 to...

Using Global Entrepreneurship Monitor and World Bank data, we produce a novel estimation for the prevalence of informal entrepreneurship in 60 countries in the period 2006- 2022. Using a real option framework, we test the effect of business regulation, property rights protection, and the rule of...

The arbitrary sanctioning of Russia by Europe and the United States in the context of the Russia-Ukraine war does not correspond to the definition of property rights as an aspect of juridical rights, and nor does the definition of proprietary rights or property rights in political economy accord...

This study investigates the impact of land formalization projects on women's tenure security in Pangani Ward, Coastal Region, Tanzania, while also considering the broader global implications for women's land rights. Despite progressive legislation that guarantees equal land rights for women,...

In 2020 the Federal Communications Commission (FCC) revisited a spectrum allocation decision it made in 1999. The Agency found that frequencies set aside for specific technologies used by vehicles - Intelligent Transportation Services (ITS) - had been left largely unused. It crafted new rules,...

Social scientists are paying attention to the role that knowledge plays in economic phenomena. This focus on knowledge has led to exploring two challenges: first, its governance to reap positive externalities and solve social dilemmas, and second, how we can craft institutions to match the...

Direct evidence on variations in work incentives across different property rights systems remains scarce. This paper examines absenteeism among individuals employed in worker cooperatives—firms that are ultimately controlled by their workforce. By leveraging employment data matched with sick...

We examined whether perceived land rights—use, management, transfer, and tenure security—are associated with investment in movable farm assets. Using micro-level data from crop-specialized farmers in Kazakhstan and Uzbekistan, we distinguish investment incentives linked to tenure security,...

Using Global Entrepreneurship Monitor and World Bank data, we produce a novel estimation for the prevalence of informal entrepreneurship in 60 countries in the period 2006- 2022. Using a real option framework, we test the effect of business regulation, property rights protection, and the rule of...

Prior to the widespread adoption of barbed wire in the late 19th century, the absence of cheap fencing materials in the western United States led to violent conflict in the presence of competing claims over land-use. Using data from the full count U.S. Censuses of Mortality for the years 1850 to...

This study investigates the impact of land formalization projects on women's tenure security in Pangani Ward, Coastal Region, Tanzania, while also considering the broader global implications for women's land rights. Despite progressive legislation that guarantees equal land rights for women,...

We synthesize research on conflict as a fundamental economic phenomenon, arguing that the implications of the "dark side of self-interest" have received insufficient attention in economics. We define conflict as interactions where parties choose costly inputs that are adversarially combined...

The role of government in promoting property rights has been acknowledged in the literature. This study investigates the impact of property rights peace, and consequently the impact of peace and property rights on economic growth, utilizing the system Generalized Method of Moments technique on...

This study empirically applies de Soto's representative property system to Colonial Korea, based on the theoretical approach of Han's 2020 work. The number of property registrations increased drastically after the completion of the Land Survey Project in 1918, along with the mortgage count and...

Over a quarter of the world’s population lives in countries that have undertaken transitions from central planning to some form of market-based coordination. These transitions entail far-reaching and complex economic and institutional changes and have had widely divergent trajectories....

The role of government in promoting property rights has been acknowledged in the literature. This study investigates the impact of property rights peace, and consequently the impact of peace and property rights on economic growth, utilizing the system Generalized Method of Moments technique on...

This study investigates the impact of property informality on rural land prices in Colombia. It utilizes data for 16 land size categories for a fifth of Colombia’s municipalities. It employs the Gaussian copula approach to overcome endogeneity issues. The main finding is that an exogenous...

There is a broad agreement that political and economic institutions matter for long-term development. Yet relatively little is known as to how to adopt good quality institutions and reform weak or poor institutions, for which one needs to know how institutions change. This paper provides a...