Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Adverse possession (1)
- Distributive justice (1)
- Equity (1)
- Essential resources (1)
- Harvard Law Review (1)
-
- Information cost (1)
- Interntional law (1)
- Law of bailment (1)
- Law of finders (1)
- Law of property (1)
- Legally protected right (1)
- NYU Journal of Law & Liberty (1)
- New York University Journal of Law & Liberty (1)
- Ownership and possession (1)
- Private property (1)
- Property regime (1)
- Property rights (1)
- Relative scarcity (1)
- Scarce resources (1)
- Security interests (1)
- Transfer of ownership (1)
- Voice and Reflexivity (1)
Articles 1 - 4 of 4
Full-Text Articles in Law
Ownership And Possession, Thomas W. Merrill
Ownership And Possession, Thomas W. Merrill
Faculty Scholarship
One of the enduring mysteries about property is why the law protects both ownership and possession. In a pre-modern world, with low rates of literacy and no formal method of registering titles, one can understand why the law would protect possession. In such a world, there may be no concept of property beyond the understanding that persons should respect possessory rights established by others. It is less clear why possession should be protected once property comes to be understood as ownership. Ownership and possession will commonly overlap, and protecting ownership will protect possession. Nevertheless, even in the most sophisticated legal …
Posession As A Natural Right, Thomas W. Merrill
Posession As A Natural Right, Thomas W. Merrill
Faculty Scholarship
What follows is, I hope, a tribute both to Friedrich Hayek, for whom this lecture series is named, and Richard Epstein, who was kind enough to invite me to give the lecture. Hayek has long been an inspiration for his insights about the advantages of decentralized decision making and the importance of information in understanding design of institutions. Both are recurring themes in my own work. Richard was my teacher at the University of Chicago Law School and has been a guiding light ever since. His works on nuisance law, takings, and the public trust doctrine, among others, have had …
Anticipatory Remedies For Takings, Thomas W. Merrill
Anticipatory Remedies For Takings, Thomas W. Merrill
Faculty Scholarship
The Supreme Court has rendered two lines of decisions about the remedies available for a violation of the Takings Clause. One line holds that courts have no authority to enter anticipatory decrees in takings cases if the claimant can obtain compensation elsewhere. The other line, which includes three of the Court's most recent takings cases, results in the entry of an anticipatory decree about takings liability. This Essay argues that the second line is the correct one. Courts should be allowed to enter declaratory or other anticipatory judgments about takings liability, as long as they respect the limited nature of …
Introduction: Toward Voice And Reflexivity, Olivier De Schutter, Katharina Pistor
Introduction: Toward Voice And Reflexivity, Olivier De Schutter, Katharina Pistor
Faculty Scholarship
In their introductory chapter, De Schutter and Pistor argue that in light of increasing absolute and relative scarcity of land and fresh water there is urgent need to improve the governance of these and other essential resources. Emphasizing “essentiality” shifts the debate from allocative efficiency to normative concerns of equity and dignity. Essential resources are indispensable for survival and/or for meaningful participation in a given community. Their allocation therefore cannot be left to the pricing mechanism alone. It requires new parameters for governance. The authors propose Voice and Reflexivity as the key parameters of such a regime. Voice is …