Never Two Without Three: Commons, Anticommons and Semicommons
University of Turin - Department of Economics
Jef De Mot
Ghent University - Faculty of Law
University of California Hastings College of Law; Ghent University - Center for Advanced Studies in Law & Economics
July 17, 2008
University of Miami Legal Studies Research Paper No. 2008-36
A semicommons regime exists when the efficient use of a resource requires the coexistence of both common and private uses. In a seminal article, Henry Smith examined the system of semicommons property in regard to medieval open-fields. In such a system, peasants shared common land for collective grazing, but used privately owned scattered strips for grain growing. This paper provides the first formal model of semicommons property regimes. Our model demonstrates (1) how the costs of strategic behavior in semicommons regimes may outweigh those in commons regimes and (2) how semicommons regimes may solve collective action problems by introducing anticommons arrangements. We extend previous property literature by offering new insights as to conditions in which mixed property regimes emerge and fragmentation solutions are favored.
Number of Pages in PDF File: 15
Keywords: commons, anticommons, semicommons, property
JEL Classification: K34working papers series
Date posted: July 17, 2008 ; Last revised: November 12, 2012
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo2 in 0.563 seconds