Abstract
The literature on rights has paid much attention to the description of rights and the performance of systems of rights. Less has been published on identifying the underlying dimensions of rights, even though such identification seems important for understanding the different types of rights and for classifying them so as to facilitate the process of development that occurs when introducing rights (Miller, 1995). In this article a theoretical framework, which sheds light on the structure of rights, is developed. After examining the characteristics of rights, a correspondence analysis is carried out on existing rights and on a hypothetical ideal right in order to find similarities between them and to identify their underlying structure.
This is a preview of subscription content, log in via an institution to check access.
Similar content being viewed by others
References
Anderson, T.L., and P.J. Hill. (1975). “The Evolution of Property Rights: A Study of the American West,” Journal of Law and Economics 18, 163–179.
Bagozzi, Richard P. (1994). Advanced Methods of Marketing Research. Cambridge Blackwell Business.
Burrell, A. (1990). “Producer Response to the EEC Milk Superlevy,” European Review of Agricultural Economics 17, 43–55.
Carroll, J.D., P.E. Green, and C.M. Schaffer. (1986). “Interpoint Distance Comparisons in Correspondence Analysis”. Journal of Marketing Research 23, 271–280.
Carroll, J.D., P.E. Green, and C.M. Schaffer. (1987). “Comparisons of Interpoint Distance in Correspondence Analysis: A Clarification,” Journal of Marketing Research 24, 445–450.
Coase, R.M. (1960). “The Problem of Social Cost,” Journal of Law and Economics 3, 1–44.
Demsetz, H. (1976). “Toward a Theory of Property Rights.” American Economic Review 57, 347–359.
Dwyer, J. (1992). “California's Tradable Emissions Policy and its Application to the Control of Greenhouse Gases.” In Climate Change: Designing a Tradable Permit System. Paris: OECD.
Hahn, R.W. (1986a). “Economic Prescriptions For Environmental Problems: How the Patient Followed the Doctor's Orders,” Journal of Economic Perspectives 3, 95–114.
Hahn, R.W. (1986b). “Trade-offs in Designing Markets with Multiple Objectives,” Journal of Environmental Economics and Management 13, 1–12.
Hahn, Robert W. (1994). “Getting More Environmental Protection for Less Money: A Practitioner's Guide,” Oxford Review of Economic Policy 9, 112–122.
Hahn, R.W., and C.A. May. (1994). “The Behavior of the Allowance Market: Theory and Evidence.” Electricity Journal 7, 28–36.
Hoffman, D.L., and G.R. Franke. (1986). “Correspondence Analysis: Graphical Representation of Categorical Data in Marketing Research,” Journal of Marketing Research 23, 213–227.
Klaassen, G. (1994). “A Portrait of Emission Trading as a Young Instrument.” Paper presented at the Fifth Annual Conference of the European Association of Environmental and Resource Economists, June 22–24, 1994, University College, Dublin.
Ledyard, J.O., and K. Szakaly-Moore. (1994). “Designing Organizations for Trading Pollution Rights,” Journal of Economic Behavior and Organizations 25, 167–196.
Lewis, T.R., and D.E.M. Sappington. (1995). “Using Markets to Allocate Pollution Permits and Other Scarce Resource Rights Under Limited Information,” Journal of Public Economics 57, 431–455.
Lord, S. (1993). “The European Community and the Environment,” Journal of Environmental Law 5, 261.
McCarthy, S. (1992). “An Illustration of the Coase Theorem and the Consequences Externalities Have on Legal Rights.” Discussion Papers, University of Queensland, Australia.
Miller, C. (1995). “Environmental Rights: European Fact or English Fiction?,” Journal of Law and Society 22, 374–393
Naylor, T.H., and J.M. Vernon. (1969). Microeconomics and Decision Models of the Firm. New York: Hartcourt, Brace & World.
Nelson, R.H. (1986). “Private rights to Government Actions: How Modern Property Rights Evolve,” University of Illinois Law Review, 361–386.
Nussbaum, B. (1992). “Phasing Down Lead in Gasoline in the U.S.: Mandates, Incentives, Trading and Banking.” In Climate Change, Designing a Tradable Permit System. Paris: OECD.
Opschoor, J.B., and H. Vos. (1989). Economic Instruments for Environmental Protection. Paris: OECD.
Oskam, A.J. (1989). “Principles of the EC Dairy Model,” European Review of Agricultural Economics 16, 463–497.
Parisi, F. (1995). “Private Property and Social Costs,” European Journal of Law and Economics 2, 149–173.
Pekelney, D. (1993). “Emissions Trading: Applications to improve Air and Water Quality,” Pollution Prevention Review (Spring), 139–148.
Pennings, J.M.E., M.T.G. Meulenberg, and W.J.M Heijman. (1996). “Environmental Rights on the Futures Markets: An Application to the Dutch Manure Market,” Environmental and Resource Economics 7, 79–94.
Selwyn, J. (1993). “Theoretical Advantages of Emission Permits,” Acid New 5, 11–12.
Tallard, G., and L. Curtin. (1991). “Quota mobility: The Canadian Experience.” A. J. Oskam, and D. P. Speijers (eds.), Quota Mobility: the Sale, Lease and Redistribution of Milk Production Quotas in OECD Countries. Paris: OECD, Directorate for Food, Agriculture and Fisheries.
Tietenberg, T.H. (1985). Emissions Trading: an Exercise in Reforming Policy. Washington, DC: Resources for the Future.
Tietenberg, T.H. (1989a). “Acid Rain Reduction Credits,” Challenge, 25–29.
Tietenberg, T.H. (1989b). “Marketable Emission Permits in the United States: A Decade of Experience.” In M. Neumann and K.W. Roskamp, Public Finance and Performance of Enterprises. Detroit.
Tietenberg, T.H. (1990). “Economic Instruments for Environmental Regulation,” Oxford Review of Economic Policy 6, 17–33.
Tietenberg, T.H. (1992). Innovation in Environmental Policy: Economic and Legal Aspects of Recent Developments in Environmental Enforcement and Liability. New Horizons in Environmental Economic Series, Aldershot, UK, Elgar.
U.S. Environmental Protection Agency (USEPA). (1990). Clean Air Act Amendments of 1990: Detailed Summary of Titles. Washington DC: U.S. Government Printing Office.
U.S. Environmental Protection Agency (USEPA). (1992a). Acid Rain Program: Overview. Washington, DC: U.S. Government Printing Office.
U.S. Environmental Protection Agency (USEPA). (1992b). Acid Rain Program: Allowance Auctions and Direct Sales. Washington, DC: U.S. Government Printing Office.
Varian, H.R. (1990). Intermediate Microeconomics. New York: Norton.
Author information
Authors and Affiliations
Rights and permissions
About this article
Cite this article
Pennings, J., Heijman, W. & Meulenberg, M. The Dimensions of Rights: A Classification of Environmental Rights and Production Rights. European Journal of Law and Economics 4, 55–72 (1997). https://doi.org/10.1023/A:1008631312387
Issue Date:
DOI: https://doi.org/10.1023/A:1008631312387