A bargaining experiment under weak property rights, with implications for indigenous title claims

A bargaining experiment under weak property rights, with implications for indigenous title claims
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产权薄弱下的讨价还价实验,对土著所有权主张的影响

DOI:
10.1016/j.ecolecon.2022.107457
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发表时间:
2022
影响因子:
7
通讯作者:
Shogren, Jason F.
Shogren, Jason F.
中科院分区:
经济学2区
文献类型:
--
作者:
Berry, Kevin;Delmond, Anthony R.;Morin Chassé, Rémi;Strandholm, John C.;Shogren, Jason F.

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We explore how three parties bargain over a windfall created by a development project given negative spillover on only one party's property. We compare how weak and strong property rights affect negotiation outcomes and fairness. With strong property rights, parties secure equal payment. With weak rights, parties reimburse costs and divide surplus so the developer is simply indifferent, nothing more. These results are meaningful for Indigenous in Canada: without strong property rights, the Crown's duty to consult may still yield dissatisfaction because of improper compensation.
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