A political theory of the origin of property rights: Airport slots.

W.H. Riker, I. Sened

Research output: Contribution to journalArticlepeer-review

Abstract

Develops a theory of the origin of property rights by specifying the necessary conditions for them to emerge: The underlying good must be scarce, prospective right-holders must desire the right, and right-grantors, or government officials, must perceive an advantage from enforcing respect for the right. Property in slots; The buy/sell rule; Discussion.
Original languageEnglish
Pages (from-to)951-969
Number of pages19
JournalAmerican Journal of Political Science
Volume35
Issue number4
DOIs
StatePublished - 1 Nov 1991

Keywords

  • LAND tenure

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