Robert Ellickson
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Robert Ellickson
Robert C. Ellickson is an American property law scholar. He is the Walter E. Meyer Professor of Property and Urban Law at Yale Law School, and was formerly on the faculty at the USC Gould School of Law and Stanford Law School. He is a fellow of the American Academy of Arts and Sciences and a past president of the American Law and Economics Association. Ellickson is the author of numerous books and articles on land use, property, and social norms, and is best known for his 1991 book ''Order Without Law: How Neighbors Settle Disputes''. In that book, a study of ranchers and farmers in Shasta County, California, he argues that, contrary to the Coase theorem In law and economics, the Coase theorem () describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem states that if trade in an externality is possible and there are sufficiently low tra ..., neighbors in close-knit societies reach efficient outcomes in land and propert ...
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New Haven, Connecticut
New Haven is a city in the U.S. state of Connecticut. It is located on New Haven Harbor on the northern shore of Long Island Sound in New Haven County, Connecticut and is part of the New York City metropolitan area. With a population of 134,023 as determined by the 2020 U.S. census, New Haven is the third largest city in Connecticut after Bridgeport and Stamford and the principal municipality of Greater New Haven, which had a total 2020 population of 864,835. New Haven was one of the first planned cities in the U.S. A year after its founding by English Puritans in 1638, eight streets were laid out in a four-by-four grid, creating the "Nine Square Plan". The central common block is the New Haven Green, a square at the center of Downtown New Haven. The Green is now a National Historic Landmark, and the "Nine Square Plan" is recognized by the American Planning Association as a National Planning Landmark. New Haven is the home of Yale University, New Haven's biggest taxpayer ...
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Coase Theorem
In law and economics, the Coase theorem () describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem states that if trade in an externality is possible and there are sufficiently low transaction costs, bargaining will lead to a Pareto efficient outcome regardless of the initial allocation of property. In practice, obstacles to bargaining or poorly defined property rights can prevent Coasean bargaining. This 'theorem' is commonly attributed to Nobel Prize laureate Ronald Coase. This 1960 paper, along with his 1937 paper on the nature of the firm (which also emphasizes the role of transaction costs), earned Ronald Coase the 1991 Nobel Memorial Prize in Economic Sciences. In this 1960 paper, Coase argued that real-world transaction costs are rarely low enough to allow for efficient bargaining and hence the theorem is almost always inapplicable to economic reality. In his later writings, Coase expressed frustration that his th ...
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Living People
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Yale Law School Faculty
Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United States and among the most prestigious in the world. It is a member of the Ivy League. Chartered by the Connecticut Colony, the Collegiate School was established in 1701 by clergy to educate Congregationalism in the United States, Congregational ministers before moving to New Haven in 1716. Originally restricted to theology and sacred languages, the curriculum began to incorporate humanities and sciences by the time of the American Revolution. In the 19th century, the college expanded into graduate and professional instruction, awarding the first Doctor of Philosophy, PhD in the United States in 1861 and organizing as a university in 1887. Yale's faculty and student populations grew after 1890 with rapid expansion of the physical campus and sc ...
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Yale Law School Alumni
Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the world. It is a member of the Ivy League. Chartered by the Connecticut Colony, the Collegiate School was established in 1701 by clergy to educate Congregational ministers before moving to New Haven in 1716. Originally restricted to theology and sacred languages, the curriculum began to incorporate humanities and sciences by the time of the American Revolution. In the 19th century, the college expanded into graduate and professional instruction, awarding the first PhD in the United States in 1861 and organizing as a university in 1887. Yale's faculty and student populations grew after 1890 with rapid expansion of the physical campus and scientific research. Yale is organized into fourteen constituent schools: the original undergraduate col ...
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Oberlin College Alumni
Oberlin may refer to: ; Places in the United States * Oberlin Township, Decatur County, Kansas ** Oberlin, Kansas, a city in the township * Oberlin, Louisiana, a town * Oberlin, Ohio, a city * Oberlin, Licking County, Ohio, a ghost town * Oberlin, Pennsylvania, a census-designated place * Mount Oberlin, Glacier National Park, Montana ; Schools * Oberlin University, a private university in Machida, Tokyo, Japan * Oberlin College Oberlin College is a Private university, private Liberal arts colleges in the United States, liberal arts college and conservatory of music in Oberlin, Ohio. It is the oldest Mixed-sex education, coeducational liberal arts college in the United S ..., a liberal arts college in Oberlin, Ohio * Oberlin High School (Louisiana), Oberlin, Louisiana, United States * Oberlin High School (Ohio), Oberlin, Ohio, United States * Oberlin High School, Jamaica ; People * Oberlin (surname) * Oberlin Smith (1840–1926), American engineer {{disambig, geo, ...
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Fellows Of The American Academy Of Arts And Sciences
Fellows may refer to Fellow, in plural form. Fellows or Fellowes may also refer to: Places *Fellows, California, USA *Fellows, Wisconsin, ghost town, USA Other uses *Fellows Auctioneers, established in 1876. *Fellowes, Inc., manufacturer of workspace products *Fellows, a partner in the firm of English canal carriers, Fellows Morton & Clayton *Fellows (surname) See also *North Fellows Historic District, listed on the National Register of Historic Places in Wapello County, Iowa *Justice Fellows (other) Justice Fellows may refer to: * Grant Fellows (1865–1929), associate justice of the Michigan Supreme Court * Raymond Fellows (1885–1957), associate justice of the Maine Supreme Judicial Court {{disambiguation, tndis ...
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American Legal Scholars
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ...
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Shasta County, California
Shasta County (), officially the County of Shasta, is a County (United States), county in the Northern California, northern portion of the U.S. state of California. Its population is 182,155 as of the 2020 census, up from 177,223 from the 2010 census. The county seat is Redding, California, Redding. Shasta County comprises the Redding, California Metropolitan Statistical Area. The county occupies the northern reaches of the Sacramento Valley, with portions extending into the southern reaches of the Cascade Range. Points of interest in Shasta County include Shasta Lake, Lassen Peak, and the Sundial Bridge. History Shasta County was one of the original counties of California, created in 1850 at the time of statehood. The county was named after Mount Shasta; the name is derived from the English language, English equivalent for the Shasta people. Their population declined in the 1850s due to disease, low birth rates, starvation, killings, and massacres as white settlers moved in. T ...
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Property Law
Property law is the area of law that governs the various forms of ownership in real property (land) and personal property. Property refers to legally protected claims to resources, such as land and personal property, including intellectual property. Property can be exchanged through contract law, and if property is violated, one could sue under tort law to protect it. The concept, idea or philosophy of property underlies all property law. In some jurisdictions, historically all property was owned by the monarch and it devolved through feudal land tenure or other feudal systems of loyalty and fealty. History Though the Napoleonic code was among the first government acts of modern times to introduce the notion of absolute ownership into statute, protection of personal property rights was present in medieval Islamic law and jurisprudence, and in more feudalist forms in the common law courts of medieval and early modern England. Theory The word ''property'', in everyday ...
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American Law And Economics Association
The American Law and Economics Association (ALEA), a United States organization founded in 1991, is focused on the advancement of economic understanding of law, and related areas of public policy and regulation. It promotes research in law and economics. The organization's official journal is the ''American Law and Economics Review'', established in 1999. History In January 1990, a meeting of scholars was convened by George Mason University Law School dean, Henry Manne, to discuss organizing a professional organization. The association was formally co-founded by George Priest, A. Mitchell Polinsky, and Steven Shavell, each of whom served a term as president during the ensuing decade. A growing acceptance of legal and economic perspectives by judges, practitioners, and policy-makers became evident in the creation of parallel associations in Australia, Europe, Latin America, and Canada. Notable members The founding board of directors was composed of representatives of major universi ...
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