There is a common view, dating back at least to Hume, that property rights presuppose scarcity. This paper is a … over this thesis from the debate over Intellectual Property (IP) rights (the area where it is most frequently applied). I … begin by laying out the thesis’ major line of defense. In brief, the argument is that (1) property rights are legitimate …

This piece is the Prologue to an _Econ Journal Watch_ symposium entitled, _Property: A Bundle of Rights?_ This Prologue … formulation Stephen R. Munzer and Richard A. Epstein; and the renowned property scholar Robert C. Ellickson, who takes a middle …

financial system, on competition in the market forbanking and financial services, and on the reallocation of bank ownership … in efficiencyand competitiveness. Consolidation did not, however, offset the increasing distortions in the ownership …

financial system, on competition in the market forbanking and financial services, and on the reallocation of bank ownership … in efficiencyand competitiveness. Consolidation did not, however, offset the increasing distortions in the ownership …

This paper aims at discussing the specificity of the banking governance and analysing the ownership structure of the …