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Property Law Yun-chien Chang (Cornell Law School, New York)

Property Law By Yun-chien Chang (Cornell Law School, New York)

Property Law by Yun-chien Chang (Cornell Law School, New York)


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Summary

The book builds on hand-coded data on nearly 300 dimensions on the substance of property law in 156 jurisdictions globally and applies plain-language economic analysis to real-world legal schemes. Cutting-edge machine learning algorithms and statistical analysis are applied. Detailed citations to laws in each jurisdiction are useful to lawyers.

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Property Law Summary

Property Law: Comparative, Empirical, and Economic Analyses by Yun-chien Chang (Cornell Law School, New York)

The first book of its kind, Property Law: Comparative, Empirical, and Economic Analyses, uses a unique hand-coded data set on nearly 300 dimensions on the substance of property law in 156 jurisdictions to describe the convergence and divergence of key property doctrines around the world. This book quantitatively analyzes property institutions and uses machine learning methods to categorize jurisdictions into ten legal families, challenging the existing paradigms in economics and law. Using other cross-country data, the author empirically tests theories about property law and comparative law. Using economic efficiency as both a positive and a normative criterion, each chapter evaluates which jurisdictions have the most efficient property doctrines, concluding that the common law is not more efficient than the civil law. Unlike prior studies on empirical comparative law, this book provides detailed citations to laws in each jurisdiction. Data and documentation are publicly available on the author's website.

Property Law Reviews

'With its unprecedented wealth of data on property laws in jurisdictions around the world, this book is a methodological tour de force. The innovative economic analysis draws on an often surprising comparative picture, and the comparative work is informed by a sophisticated theoretical vision. Chang has produced a landmark in both comparative law and the law and economics of property.' Henry Smith, Fessenden Professor of Law, Harvard Law School
'Yun-chien Chang's monumental empirical study of property institutions across the globe yields genuine insight into the nature and value of different property norms. A technically impressive piece of scholarship that identifies and codes property rules across 156 jurisdictions, it provides a compelling answer to an important question, the comparative efficiency of common law and civilian approaches to property law. Blending empirical, doctrinal, and normative approaches, Yun-chien Chang has moved our understanding of property institutions onto an entirely new and impressively solid foundation. I fully expect this truly extraordinary piece of work will become both a point of reference and a source of inspiration for the policymakers, lawmakers, and scholars around the world.' Larissa Katz, Professor and Canada Research Chair in Private Law Theory, University of Toronto
'Systems of property law differ, but as this book shows they differ not so much as one would think. This book offers a very impressive comparative overview of property law across the globe by coding legal systems. In doing so Chang offers deep insights into the general structure of property law and categories of approaches to problems.' Bram Akkermans, Professor of Property Law, Maastricht University

About Yun-chien Chang (Cornell Law School, New York)

Yun-chien Chang is the Jack G. Clarke Professor in East Asian Law, Cornell Law School. Professor Chang works on property law, comparative law, economic analysis of law, and empirical legal studies and has published more than 10 books and 100 articles and book chapters in English and Chinese. Professor Chang is an Associate Reporter for the Restatement (Fourth) of Property, President of the Asian Law and Economics Association (2023-2024), and a director of the Society for Empirical Legal Studies.

Table of Contents

Introduction; Part I. Foundation: 1. Property Law around the World: An Empirical Overview; 2. Economic Framework; 3. Limited Number of Limited Property Rights: Less is More; 4. Transfer of Ownership: Transaction Cost v. Information Cost; Part II. Immovable Property: 5. Acquisitive Prescription: Hardly Justified in Modern, Developed Countries; 6. Building Encroachment: In Search of an Efficiency Justification; 7. Co-ownership Partition: Proposing a New Auction-based Design; 8. Managing Co-ownership: Tragedy of the Common-Ownership? 9. Access to Landlocked Land: Hybrid Entitlement Protection; Part III. Movable Property: 10. Good-faith Purchaser: Proposing Fractional Ownership and Internal Auction; 11. Finders, Keepers: A Minority Rule; 12. The Specificatio Doctrine: Do What the Romans Did; 13. The Accessio Doctrine: No Sign of Convergence.

Additional information

CIN1009236598G
9781009236591
1009236598
Property Law: Comparative, Empirical, and Economic Analyses by Yun-chien Chang (Cornell Law School, New York)
Used - Good
Hardback
Cambridge University Press
20230601
400
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Property Law