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We present a model of coalitional property rights (CPR) regimes ? regimes in which ownership of a good is attributable to coalitions of various sizes. Specifically, for each good, we define a legal structure that specifies the legal coalitions of individuals that share a communal claim to that...
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We present a model of coalitional property rights (CPR) regimes regimes in which ownership of a good is attributable to coalitions of various sizes. Specifically, for each good, we define a legal structure that specifies the legal coalitions of individuals that share a communal claim to that...
Persistent link: https://www.econbiz.de/10014056562
NOTE: The following is a description of the paper and not the actual abstract. We study whether compulsory public provision or voluntary private provision of public goods can survive when individuals who "vote with their feet" can choose between communities that differ in the way that public...
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