Introduction to 'Law and Economics of Possession'

Law and Economics of Possession, edited by Yun-chien Chang, Cambridge University Press, 2015.

10 Pages Posted: 25 Jun 2015 Last revised: 5 Jul 2015

Date Written: June 11, 2015

Abstract

Possession is a key concept in both the common and civil law, but it has hitherto received little scrutiny. Law and Economics of Possession uses insights from economics, psychology and history to analyse possession in law, compare and contrast possession with ownership, break down the elements of possession as a fact and as a right, challenge the adage that 'possession is 9/10 of the law', examine possession as notice, explain the heuristics of possession, debunk the behavioural studies which confuse possession with ownership, explore the LightSquared dispute from the perspective of 'possession' of spectrum frequency and provide new insights to old questions such as first possession, adverse possession and property jurisdiction. The authors include leading property scholars, who examine possession laws in, among others, the USA, UK, China, Taiwan, Japan, Germany, France, Israel, the Netherlands, Spain, Portugal, Italy, Austria.

Keywords: indirect possession, agents in possession, adverse possession, first possession, animus domini, economy of concept

Suggested Citation

Chang, Yun-chien, Introduction to 'Law and Economics of Possession' (June 11, 2015). Law and Economics of Possession, edited by Yun-chien Chang, Cambridge University Press, 2015., Available at SSRN: https://ssrn.com/abstract=2617181

Yun-chien Chang (Contact Author)

Cornell Law School ( email )

310 Myron Taylor Hall
Cornell University
Ithaca, NY 14853-4901
United States

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
191
Abstract Views
1,209
Rank
286,541
PlumX Metrics