Coproduction of Property Rights: The Management of Watercourses in Pre-modern Bohemia

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F44555601%3A13510%2F18%3A43892915" target="_blank" >RIV/44555601:13510/18:43892915 - isvavai.cz</a>
Result on the web
<a href="http://www.sciencedirect.com/science/article/pii/S0144818817300418" target="_blank" >http://www.sciencedirect.com/science/article/pii/S0144818817300418</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.irle.2017.09.007" target="_blank" >10.1016/j.irle.2017.09.007</a>

Result language
angličtina
Original language name
Coproduction of Property Rights: The Management of Watercourses in Pre-modern Bohemia
Original language description
The structure of ownership is recognized as a key factor for economic and social development. The traditional approach suggests that new property rights emerge when it becomes profitable to invest in their production. I extend this idea by arguing that simply defining new property rules is not enough for new rights to develop effectively, and that enforcement of those rules is just as important. Identifying and implementing an optimal combination of definition and enforcement activities then becomes the central issue in the development of property rights. I illustrate the application of this theory with a detailed study of the evolution of water rights in pre-modern Bohemia.
Czech name
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Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics

Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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