Property Introduction

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Presentation transcript:

Property ----- Introduction

Visiting from Texas Tech University

Lubbock, Texas

Lubbock, Texas

Lubbock, Texas

OSU Alum

Cribbet Casebook

What is “Property”? Non-Attorney Attorney Bundle of Sticks

Define property: Include all things that are property, and Exclude all things that are not property.

Define by Example – The “Bundles”

Define by Traits – The “Sticks”

Universality of Property Concept Vedda of Ceylon – p. 4 The people of New York

Theories of Private Property 1. Occupation

Theories of Private Property 1. Occupation 2. Natural Rights

Theories of Private Property 1. Occupation 2. Natural Rights 3. Labor

Theories of Private Property 1. Occupation 2. Natural Rights 3. Labor 4. Legal

Theories of Private Property 1. Occupation 2. Natural Rights 3. Labor 4. Legal 5. Social Utility

Other Concepts Bentham – entirely the work of law Tragedy of the Commons Economic Theory