The law of copyright protects various “original forms of expression,” including novels, movies, musical compositions, and computer software programs.

Property Rights Theory C oase (1960) initiated a flurry of property rights research that perhaps reached its peak with Alchian and Demsetz (1973). The term "intellectual property" refers to a loose cluster of legal doctrines that regulate the uses of different sorts of ideas and insignia. Learn. Modes of Acquisition of Property. Theory of Property - Real Property Law. An important point to recognize is the potential for the exercise of property rights to conflict. Flashcards.

Deeper reason – property can be an extension of an individual’s personality. Property lies at the heart of John Locke's Two Treatises of Government. It then shows that Locke's political theory takes up and develops these basic themes of natural law. nora_lobb. The creation of property and its preservation constitute the foundation of the state of nature and civil society, respectively. Chapter 4 An Economic Theory of Property I.

Barzel (1989) and Eggertsson (1990) provide useful discussions of the early property rights research literature. William Fisher .

A fee simple represents absolute ownership of land, and therefore the owner may do whatever he or she chooses with the land. Spell. Write. The labor theory of property (also called the labor theory of appropriation, labor theory of ownership, labor theory of entitlement, or principle of first appropriation) is a theory of natural law that holds that property originally comes about by the exertion of labor upon natural resources. Gravity. Property – property provides security – ownership gives people a sense of confidence and assurance. The most extensive form of freehold estate possible. STUDY. DEAN POUND also supported BENTHAM and asserted that the conception of property is the acquisitive instinct of an individual who desires to have control and possession over the property. Created by. Introduction From an economic perspective, we are interested in how property law influences the allocation of scarce resources and goods and services.

Those who possess property are also more likely to respect other peoples’ proper – property owners have a ‘stake’ in society – maintaining law and order – promotes conservative values. It is nothing but an expectation to own a property and make use of it to the fullest. BENTHAM has supported this theory and hold that property is a conception of mind. Terms in this set (21) Fee Simple. Match. Second, a Confucian theory of property justifies a private property regime as essential in allowing individuals to fulfill, express, and/or practice key, specific Confucian virtues, which in turn allows for full moral development (we might understand this conceptually as a Confucian version of a personhood/human flourishing theory of property). The book begins with a detailed exposition of Grotius's and Pufendorf's modern natural law theories, focusing on their accounts of the nature of natural law, human sociability, the development of forms of property, and the question of slavery.

PLAY. Property, its origin and protection, are also central to England's colonial settlements in America and, by extension, to the Earl of Shaftesbury's Carolina.

Test. Theories of Intellectual Property.