Property Relationship
Description
Chris Cook:
"As Jeremy Bentham pointed out, Property is not an object or thing, but a relationship: the bundle of rights and obligations which connect the subject individual to an object, such as land (real property) or increasingly, knowledge (intellectual property).
While there are many types of rights and obligations, this proposal identifies four key classes of stakeholder rights:
3Use – exclusive or otherwise
- Usufruct – the fruits of use
- Management
- Custody -stewardship."