The social production of property
Bibliographic Data
| ID | 5722237 |
|---|---|
| Authors | D Willer (0000-0002-2763-3962, University of South Carolina, Columbia, SC, USA), P Emanuelson (0000-0002-5767-4597, North Dakota State University Fargo, ND, USA, corresponding author) |
| Year | 2022 |
| Volume | 34 |
| Issue | 4 |
| Pages | 421-445 |
| Publication date | 2022-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Rationality and Society (JOURNAL) |
| Journal identifiers | ISSN: 1043-4631 • E-ISSN: 1461-7358 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/10434631221122977 |
| OpenAlex | W4295127545 |
| Language | EN |
| References cited | 47 |
This paper investigates two forms of property as a social phenomenon and finds the Property Right Paradigm of economics to be wrongly conceived. Introducing new formulations for property reveals that private and communal property are frequently found together. When they are, as the scope of one increases the scope of the other shrinks. We examine how property rights are embedded in social exchange experiments. Calling on game theory, we find that communal property relations and private property relations contain exactly the same social dilemma. Furthermore, absent enforced rights, no property exists. Property comes to exist through socially producing its rights and we show that production must be coercive. We link our new theory of property to Robѐ's analysis of property and power in contemporary society
Dilemma · Economics · Epistemology · Intangible property · Law and economics · Market economy · Microeconomics · Phenomenon · Private property · Property rights · Public property · Social dilemma · Sociology · Computer Science · Economic Theory and Institutions · Experimental Behavioral Economics Studies · Political Economy and Marxism
Network exchange theory
Feast, Famine or Fighting?
Governing the Commons
Capital in the Twenty-First Century
The Rise of the Western World
The New Property
A Theory of Justice
Toward a Theory of Property Rights II
Big Business and the State
An agenda for the study of institutions
Property Rights and the Nature of the Firm
Testing Ten Theories
Analysis and composition as theoretic procedures
The Property Right Paradigm
The provision of a sanctioning system as a public good
Games, Structures and Collective Action
Microconstitutional Change in Multiconstitutional Political Systems
Power Relations in Exchange Networks
Power, Equity and Commitment in Exchange Networks
Groups Reward Individual Sacrifice
Property Rights and the Organization of Economic Activity by the State
Economic Crisis and the Centralization of Control Over the Managerial Process
Privatization in the Ancient near East and Classical World
Archaeology, Property, and Prehistory
Feudal Society
Buffer Zones in the Cultural Ecology of Aboriginal Amazonia
Property in Economic Context
The Sociology of Property Rights
Beyond Altruism
Private Land and Common Oceans
The Distribution of Power in Exchange Networks
The Economics of Organization
| Citation velocity | historical |
|---|---|
| Highly cited | No |