Property: A Bundle of Rights? Prologue to the Property Symposium

Daniel B. Klein () and John Robinson

Econ Journal Watch, 2011, vol. 8, issue 3, pages 193-204

Abstract: This piece is the Prologue to an _Econ Journal Watch_ symposium entitled, _Property: A Bundle of Rights?_ This Prologue was written to prompt the invited scholars to expound their own criticisms of the bundle-of-rights view, or, as the case may be, to address criticisms out there. The Prologue is written from a staunch yet pragmatic classical liberal perspective. It frames a number of issues, provides a series of quotations, and asks a number of questions intended to prompt the symposium participants. The symposium participants include leading critics of the bundle formulation James E. Penner, Thomas W. Merrill, and Henry E. Smith; younger critics Larissa Katz, Eric R. Claeys, and Adam Mossoff; eminent defenders of the bundle formulation Stephen R. Munzer and Richard A. Epstein; and the renowned property scholar Robert C. Ellickson, who takes a middle position.

Keywords: Property; bundle of rights; exclusion; ownership; legal realism; law and economics (search for similar items in EconPapers)
JEL-codes: A1 K00 K1 (search for similar items in EconPapers)
Date: 2011
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Persistent link: http://EconPapers.repec.org/RePEc:ejw:journl:v:8:y:2011:i:3:p:193-204

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