Construct · 1 fields · 1 citations

property rules and liability rules: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Law and economics

the distinction between entitlements protected by requiring consent for transfer and those that can be taken on payment of set damages.

In law and economics, property rules and liability rules refers to the distinction between entitlements protected by requiring consent for transfer and those that can be taken on payment of set damages. This meaning comes from Calabresi (1972) in Harvard Law Review.[1]

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Nearby constructs

liability2 fields · 2 citationsjingle · one word, two constructs inalienability rules1 fields · 1 citationsanchor · a standalone construct consent6 fields · 14 citationsjingle · one name, six constructs

References

Calabresi, G., & Melamed, A. D. (1972). Property Rules, Liability Rules, and Inalienability: One View of the Cathedral. Harvard Law Review, 85(6), 1089. https://doi.org/10.2307/1340059

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