Partial Common Ownership

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Description

"A better approach is to find a way to balance the demands of investment efficiency and allocative efficiency. We will call this approach “partial common ownership”—a halfway house between common ownership and traditional private property. Partial common ownership optimizes allocative efficiency and investment efficiency within a single property regime, as the common ownership can deter monopoly power while the private ownership encourages investment."

(http://assets.press.princeton.edu/chapters/s11222.pdf)


More information

  • More at [1], pp. 52+