Beyond Coase: Emerging Technologies and Property Theory
نویسنده
چکیده
INTRODUCTION ............................................................................. 2190 I. EXAMPLES OF NEW PROPERTY RIGHTS ....................................... 2193 A. Spectrum ................................................................................... 2194 1. Shannon’s Law and the Cumulative Nature of Interference ................................................... 2194 2. Geographic Discontinuities ............................................. 2195 3. Interference from Transmission on Other Frequencies .................................................... 2198 B. The Internet .............................................................................. 2200 1. The Cumulative Nature of Interference ......................... 2200 2. Geographic Discontinuities ............................................. 2200 C. Electric Power ............................................................................ 2202 1. The Cumulative Nature of Interference ......................... 2202 2. Geographic Discontinuities ............................................. 2202 II. KEY IMPLICATIONS FOR PROPERTY THEORY ............................... 2204 A. Interdependencies: The Key Determinant of the Boundaries of Property .............................................................. 2205 B. The Complexity of Identifying Sources of Interference .................... 2206 C. The Intractability of Attributing Harm ....................................... 2207 1. The “Substantial Factor” Test .......................................... 2208 2. Enterprise Liability ........................................................... 2209
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