Common Interest Tragedies

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Date

2004

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Abstract

"No one working in property theory can ignore the anticommons. This upstart doppelgänger of the commons began its intellectual life as an imaginary regime in which everyone had the power to prevent everyone else from using a particular resource. Michael Heller’s subsequent construction of a recognizable category of 'anticommons property' corresponding to situations in lived experience represented an important advance in the property lexicon that sparked a surge of scholarly interest."

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Keywords

anticommons, property rights, tragedy of the commons, game theory, prisoner's dilemma

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