2 edition of The form of property rights found in the catalog.
by Massachusetts Institute of Technology, Dept. of Economics in Cambridge, MA
Written in English
This paper develops a model where there is a trade-off between the enforcement of the property rights of different groups. An oligarchic society, where political power is in the hands of major producers, protects their property rights, but also tends to erect significant entry barriers, violating the property rights of future producers. Democracy, where political power is more widely diffused, imposes redistributive taxes on the producers, but tends to avoid entry barriers. When taxes in democracy are high and the distortions caused by entry barriers are low, an oligarchic society achieves greater efficiency. Nevertheless, because comparative advantage in entrepreneurship shifts away from the incumbents, the inefficiency created by entry barriers in oligarchy deteriorates over time. The typical pattern is therefore one of the rise and decline of oligarchic societies: of two otherwise identical societies, the one with an oligarchic organization will first become richer, but later fall behind the democratic society. I also discuss how democratic societies may be better able to take advantage of new technologies, and how the unequal distribution of income in an oligarchic society supports the oligarchic institutions and may keep them in place even when they become significantly costly to society. Keywords: democracy, economic growth, entry barriers, oligarchy, political economy, redistribution, sclerosis. JEL Classifications: P16, O10.
|Statement||[by] Daron Acemoglu|
|Series||Working paper series / Massachusetts Institute of Technology, Dept. of Economics -- working paper 03-34, Working paper (Massachusetts Institute of Technology. Dept. of Economics) -- no. 03-34.|
|Contributions||Massachusetts Institute of Technology. Dept. of Economics|
|The Physical Object|
|Pagination||44,  p. :|
|Number of Pages||44|
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Besides private property and free markets, there is a third major requisite for the protection of property rights: money. In particular, there must be a stable and reliable measure of market value. Property Book Officer: PHR (ALH) signed by Outgoing Company Commander (PHRH). Nonexpendable Shortage Annex: Initialed by PBO. SUB-HAND RECEIPT ULLS-S4/DA FORM USER HAND RECEIPT ULLS-S4/DA FORM SHORTAGE ANNEX ULLS-S4/DA FORM TEMPORARY HAND RECEIPT DA FORM
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Private property rights have two other attributes in addition to determining the use of a resource. One is the exclusive right to the services of the resource.
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But if the common law of property defines and protects private rights — the rights of owners with respect to each other — it also serves as a guide for the proper scope and limits of public. Form is a tax form distributed by the Internal Revenue Service (IRS).
Form is used to report gains made from the sale or exchange of business property, including property used to. Property rights establish relationships among participants in any social and economic system. Holding the rights to property is an expression of the relative power of the bearer.
Holding such power or rights commands certain responses by others that are enforced by the community or our culture. For example, a producer owning acres of. Economic rights. With any kind of property, its owner may decide how it is to be used, and others can use it lawfully only if they have the owner's permission, often through a license.
The owner's use of the property must, however, respect the legally recognised rights and interests of other members of society. A mere listing of ingredients is not protected under copyright law. However, where a recipe or formula is accompanied by substantial literary expression in the form of an explanation or directions, or when there is a collection of recipes as in a cookbook, there may be a basis for copyright protection.
Intellectual Property Rights (IPR), very broadly, are rights granted to creators and owners of works that are results of human intellectual creativity. These works can be in the industrial, scientific, literary and artistic domains, which can be in the form of an invention, a manuscript, a suite of software, or a.
Property law is the area of law that governs the various forms of ownership in real property (land) and personal ty refers to legally protected claims to resources, such as land and personal property, including intellectual property. Property can be exchanged through contract law, and if property is violated, one could sue under tort law to protect it.
Real estate owners have a traditional "bundle of legal rights" that transfers to them along with the property when they purchase it. These rights of ownership are bestowed upon the holder of the title to the real estate, and they include possession, control, exclusion, enjoyment, and disposition.
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We're working to update and the Help Center. If you don't see instructions for the version you're using, learn how to switch versions or report a problem. In short, you could give her your book. This power to give your property rights to others is the right to transfer, which property lawyers sometimes call the right to alienate.
The right to transfer property is so fundamental that courts invalidate some attempts by private contract to restrict the right to transfer. Protecting your intellectual property is important because it prevents others from capitalizing on your creativity and hard work.
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However, using this form ensures that the authority is well aware of what the document is about. Additionally, the form can be used to fill in all.property. n. anything that is owned by a person or entity.
Property is divided into two types: "real property" which is any interest in land, real estate, growing plants or the im.