The Ecological and Civil Mainsprings of Property: An Experimental Economic History of Whalers’ Rules of Capture
in The Journal of Law, Economics, and Organization
October 2012; p ublished online January 2012 .
Journal Article. Subjects: Property Law; Agricultural, Environmental, and Natural Resource Economics; Design of Experiments; Production and Organizations. 15674 words.
This article uses a laboratory experiment to probe the proposition that property emerges anarchically out of social custom. We test the hypothesis that whalers in the 18th and 19th...