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Sharing Design Rights:A Commons Approach for Developing Infrastructure
Design Buildings and Facilities Education
2015/4/27
This study empirically investigates the relationship between design structure and organization structure in the context of new infrastructure development projects. Our research setting is a capital pr...
The Cost of Property Rights:Establishing Institutions on the Philippine Frontier Under American Rule,1898-1918
Governing Rules Regulations and Reforms Rights Property Business and Government Relations
2015/4/22
We examine three reforms to property rights introduced by the United States in the Philippines in the early 20th century: the redistribution of large estates to their tenants, the creation of a system...
Public corporations are republics: The ultimate authority
rests with voters (shareholders), but managed by elected
representatives (board of directors).
The Effect of Cancellation Rights on the Value of Contracts
Cancellable contracts Valuation Embedded options
2010/10/20
We show that, in an efficient market, a zero-cost contract featuring a unilateral right to cancel has to charge a fee for a cancellation, and at the same time it is due to bias the market price in fav...
Private Property Rights to Wildlife: The Southern African Experiment
Wildlife Privatization Africa Biodiversity Economic Development
2014/6/27
In most nations around the world wildlife are owned and managed by the State. However, in the past 30 years Zimbabwe, Namibia and South Africa have altered their legal regimes to give full control ove...