Further towards a theory of the emergence of property

Bart Wilson

Public Choice, 2015, vol. 163, issue 1, 222 pages

Abstract: This article explores the emergence of property as a moral convention. To understand this process I make use of several laboratory experiments on property in its nascence. These experiments illustrate how a rule of property arises from our knowledge of what is morally right, and not vice versa. I also argue that while the ultimate end of property is our interest in using things, the proximate end of property is not losing them, i.e., the end of a rule of property is to secure from morally unfounded harm. Copyright Springer Science+Business Media New York 2015

Keywords: Property; Property rights; Rules; Rule‐following; Experimental economics; B12; C90; K11 (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s11127-014-0217-8

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