The Public Domain of Property Rights ——An Introduction to and Comment on Economic Thought of Barzel
产权的界定是相对的 ,是多因素影响的函数。在现实中 ,产权无法充分的界定。产权未被界定清楚的资产的属性就是产权的公共领域。在公共领域中存在可被攫取的资产的价值 ,导致人们的寻租行为。从产权的公共领域这一概念 ,演绎出两个概念 :共同财产和延留义务 ,并对企业性质问题提出了新的见解。这一概念对产权分析的视角起到了拓展作用。Property rights can only be defined relatively and are a function of multiple variables. In reality, they cannot be defined adequately. The undefined assets nature of property rights is what is called the public domain of property rights. In the public domain, there is obtainable asset value which leads to rent-seeking activities. Two concepts can be deducted from that of the public domain of property rights: common property and detained obligations, thus bringing about a new understanding of the nature of firms. The public domain concept is an extension to the analysis of property rights.