A Test of the Property-Rights Theory of the Firm: Water Utilities in the United States

1978 ◽  
Vol 21 (2) ◽  
pp. 395-408 ◽  
Author(s):  
W. Mark Crain ◽  
Asghar Zardkoohi

Author(s):  
Richard D. Brown

While cherishing ideas of equal rights and equality, Americans have simultaneously sought inequality. The Revolution of 1776 committed Americans to the idea of equal rights, but just as fundamentally it dedicated the United States to the protection and increase of individual property and the power to direct it to heirs. Although equal rights and individual property rights have proved compatible with religious and ethnic equality, social and economic inequality, both meritocratic and inherited, have been integral to the American social and political order. Moreover, based on the emerging biologies of race and sex, the idea of equal rights for people of color and for women faced new barriers in nineteenth-century America and beyond into the twenty-first century.



2008 ◽  
Vol 9 (03) ◽  
pp. 491-506 ◽  
Author(s):  
Robin L. Einhorn

The history of slavery cannot be separated from the history of business in the United States, especially in the context of the relationship between public power and individual property rights. This essay suggests that the American devotion to “sacred” property rights stemsmore from the vulnerability of slaveholding elites than to a political heritage of protection for the “common man.”



2016 ◽  
Vol 143 ◽  
pp. 115-124 ◽  
Author(s):  
T.K. Ahn ◽  
Loukas Balafoutas ◽  
Mongoljin Batsaikhan ◽  
Francisco Campos-Ortiz ◽  
Louis Putterman ◽  
...  


Author(s):  
Michael J. Kelly ◽  
Erika Moreno ◽  
Richard C. Witmer

In the years since publication of the Report on the Resolution of Outstanding Property Claims between Cuba and the United States in 2007, the relationship between these two countries has undergone significant change. This chapter considers these political changes and how they impact the resolution of one of the most contentious issues in the thawing relationship between two longtime rivals, including the transition to Raul Castro and how the next political transition might impact property rights settlements. The chapter also suggests the expansion of the original model to include Cuban citizens at the time of expropriation now living in the United States, as a way to build trust in dealing with contentious property rights issues.



2005 ◽  
Vol 52 (9) ◽  
pp. 235-242
Author(s):  
J.G. Schulte ◽  
A.H. Vicory

Source water quality is of major concern to all drinking water utilities. The accidental introduction of contaminants to their source water is a constant threat to utilities withdrawing water from navigable or industrialized rivers. The events of 11 September, 2001 in the United States have heightened concern for drinking water utility security as their source water and finished water may be targets for terrorist acts. Efforts are underway in several parts of the United States to strengthen early warning capabilities. This paper will focus on those efforts in the Ohio River Valley Basin.



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