Article
Licensed
Unlicensed
Requires Authentication
Never Two Without Three: Commons, Anticommons and Semicommons
-
Enrico Bertacchini
Published/Copyright:
April 10, 2009
A semicommons regime exists when the efficient use of a resource requires the co-existence of both common and private uses. In a seminal article, Henry Smith examined the system of semicommons property in regard to medieval open fields. In such a system, peasants shared common land for collective grazing, but used privately owned scattered strips for grain growing. This paper provides the first formal model of semicommons property regimes. Our model demonstrates (1) how the costs of strategic behavior in semicommons regimes may outweigh those in commons regimes and (2) how semicommons regimes may solve collective action problems by introducing anticommons arrangements. We extend previous property literature by offering new insights as to conditions in which mixed property regimes emerge and fragmentation solutions are favored.
Published Online: 2009-4-10
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
You are currently not able to access this content.
You are currently not able to access this content.
Articles in the same Issue
- Article
- Macroeconomic Instability and Corporate Failure: The Role of the Legal System
- Prevention of Crime and the Optimal Standard of Proof in Criminal Law
- Does a Rise in Maximal Fines Increase or Decrease the Optimal Level of Deterrence?
- Benchmarks and Economic Analysis
- Pass a Law, Any Law, Fast! State Legislative Responses to the Kelo Backlash
- The Problem of Shared Social Cost
- A Cost of Tax Planning
- Never Two Without Three: Commons, Anticommons and Semicommons
- Unavoidable Accident
- Protecting Private Property with Constitutional Judicial Review: A Social Welfare Approach
- Measuring Criminal Spillovers: Evidence from Three Strikes
- Corruption on the Court: The Causes and Social Consequences of Point-Shaving in NCAA Basketball
- Valuation of Quality of Life Losses Associated with Nonfatal Injury: Insights from Jury Verdict Data
- Belief in a Just World, Blaming the Victim, and Hate Crime Statutes
- Do Citizens Know Whether Their State Has Decriminalized Marijuana? Assessing the Perceptual Component of Deterrence Theory
- The Structure of Incremental Liability Rules
- Firms' Motivations for Environmental Overcompliance
- Contingent Fees, Signaling and Settlement Authority
- Rethinking the Economic Model of Deterrence: How Insights from Empirical Social Science Could Affect Policies Towards Crime and Punishment
- Crime, Business Conduct and Investment Decisions: Enterprise Survey Evidence from 34 Countries in Europe and Asia
- Additive and Non-Additive Risk Factors in Multiple Causation
- The Devil Made Me Do It: The Corporate Purchase of Insurance
- Factors Affecting the Length of Time a Jury Deliberates: Case Characteristics and Jury Composition
- Hybrid Licensing of Product Innovations
- The Effect of Endogenous Right-to-Work Laws on Business and Economic Conditions in the United States: A Multivariate Approach
- The Choice in the Lawmaking Process: Legal Transplants vs. Indigenous Law
- Building Encroachments
- Reporter's Privilege and Incentives to Leak
- Decision Analysis on Whether to Accept a Remittitur
- Deterrence in Rank-Order Tournaments
- Self-Defeating Subsidiarity
- Do Broader Eminent Domain Powers Increase Government Size?
Articles in the same Issue
- Article
- Macroeconomic Instability and Corporate Failure: The Role of the Legal System
- Prevention of Crime and the Optimal Standard of Proof in Criminal Law
- Does a Rise in Maximal Fines Increase or Decrease the Optimal Level of Deterrence?
- Benchmarks and Economic Analysis
- Pass a Law, Any Law, Fast! State Legislative Responses to the Kelo Backlash
- The Problem of Shared Social Cost
- A Cost of Tax Planning
- Never Two Without Three: Commons, Anticommons and Semicommons
- Unavoidable Accident
- Protecting Private Property with Constitutional Judicial Review: A Social Welfare Approach
- Measuring Criminal Spillovers: Evidence from Three Strikes
- Corruption on the Court: The Causes and Social Consequences of Point-Shaving in NCAA Basketball
- Valuation of Quality of Life Losses Associated with Nonfatal Injury: Insights from Jury Verdict Data
- Belief in a Just World, Blaming the Victim, and Hate Crime Statutes
- Do Citizens Know Whether Their State Has Decriminalized Marijuana? Assessing the Perceptual Component of Deterrence Theory
- The Structure of Incremental Liability Rules
- Firms' Motivations for Environmental Overcompliance
- Contingent Fees, Signaling and Settlement Authority
- Rethinking the Economic Model of Deterrence: How Insights from Empirical Social Science Could Affect Policies Towards Crime and Punishment
- Crime, Business Conduct and Investment Decisions: Enterprise Survey Evidence from 34 Countries in Europe and Asia
- Additive and Non-Additive Risk Factors in Multiple Causation
- The Devil Made Me Do It: The Corporate Purchase of Insurance
- Factors Affecting the Length of Time a Jury Deliberates: Case Characteristics and Jury Composition
- Hybrid Licensing of Product Innovations
- The Effect of Endogenous Right-to-Work Laws on Business and Economic Conditions in the United States: A Multivariate Approach
- The Choice in the Lawmaking Process: Legal Transplants vs. Indigenous Law
- Building Encroachments
- Reporter's Privilege and Incentives to Leak
- Decision Analysis on Whether to Accept a Remittitur
- Deterrence in Rank-Order Tournaments
- Self-Defeating Subsidiarity
- Do Broader Eminent Domain Powers Increase Government Size?
