- 1、本文档共34页,可阅读全部内容。
- 2、原创力文档(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。
- 3、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 4、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
查看更多
Econ 522Economics of Law;
Established properties of an efficient property law system
Private goods are privately owned, public goods are not
Owners have maximum liberty over how they use their property
Injunctive relief used when transaction costs are low,damages used when transaction costs high
We tried “testing Coase” through an experiment
Can UW undergrads reallocate poker chips efficiently?
(Cost me $124);Take 1: Full Information (values on nametags);Take 2: Private Information (values hidden);Coase works pretty well, except under asymmetric info
Full info: 93% of gains achieved
Private info: 75%
Uncertainty: 100%
Asymmetric info: 0%
Comparing “uncertainty” to “asymmetric info”…
Seller’s value was 2 X die roll, buyer’s value was 3 X die roll
If nobody knows die roll, no problem – they can trade based on the expected value
But if seller knows die roll, problem
In strategic settings, information can have negative value – the seller could be worse off for having information!; (old exam question, question by Alex Tabarrok at Marginal Revolution blog)
In Virginia, the common law has long held that if a neighbor’s tree encroaches on your yard you may cut the branches as they cross the property line, but any damage the tree does to your property is your problem. Your neighbor can even sue if your pruning kills the tree.
In 2007, the Virginia Supreme Court overruled this 70-year-old precedent, making it your neighbor’s duty to prune or cut down the tree if it is a “nuisance.”
Which is better: the new rule or the old? What would the Coase Theorem say about the two rules?;Applications ofProperty Law;
Intellectual property: broad term for ways that an individual, or a firm, can claim ownership of information
Patents – cover products, commercial processes
Copyrights – written ideas (books, music, computer programs)
Trademarks – brand names, logos
Trade Secrets;
Example: new drug
Requires investment of $1,000 to discover
Monopoly profits would be $2,500
Once drug ha
您可能关注的文档
- 经济法律概论PRINCIPLESOFECONOMIC六W说课材料.ppt
- 经济法案例分析培训讲学.ppt
- 经济法案例演示备课讲稿.ppt
- 经济法概论课件第二章个人独资企业知识分享.ppt
- 经济物理学3版课件教学讲义.ppt
- 经济物理的基本问题知识分享.ppt
- 经济生活三课课件讲课资料.ppt
- 经济生活串讲经济生活框架设计思路说课讲解.ppt
- 经济生活二轮知识提纲教学内容.ppt
- 经济生活第一轮复习第1课培训讲学.ppt
- 四川省德阳市罗江中学2025届高三考前热身化学试卷含解析.doc
- 山东省枣庄现代实验学校2025届高三下学期第五次调研考试化学试题含解析.doc
- 吉林省长春市十一高中等九校教育联盟2025届高三一诊考试生物试卷含解析.doc
- 2025届江苏省盐城市伍佑中学高考仿真模拟化学试卷含解析.doc
- 2025届广西贺州中学高考冲刺押题(最后一卷)生物试卷含解析.doc
- 安徽省池州市贵池区2025届高三第一次模拟考试生物试卷含解析.doc
- 宁夏银川一中2025届高三(最后冲刺)化学试卷含解析.doc
- 广东省广州市增城区四校联考2025届高考压轴卷化学试卷含解析.doc
- 2025届邯郸市第一中学高考生物必刷试卷含解析.doc
- 2025届安徽省安庆市石化第一中学高考仿真卷化学试卷含解析.doc
文档评论(0)