Economic Effects of Ownership Fragmentation

Stoian Shalamanov ()

Ikonomiceski i Sotsialni Alternativi, 2017, issue 3, 118-126

Abstract: The publication examines the fragmentation of ownership in terms of the property rights the­ory as a part of the institutional economic theo­ry. Three versions for fragmentation of property are presented, related negative effects on eco­nomic performance in the field of shareholder ownership, “The Tragedy of the Anticommons” property and the conflict between utility and ef­ficiency in the fragmented personal property. Finally, we make recommendations to prevent negative consequences of dangerous economic efficiency fragmentation of ownership.

Keywords: Property rights; fragmentation of ownership; shareholding (search for similar items in EconPapers)
JEL-codes: D23 K11 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:iisabg:y:2017:i:3:p:118-126

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