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The more widely a set of the rights connected with the given resource, the aboveIts utility. So, own thing and a thing taken For rent, have different utility for the consumer, even if They are physically absolutely identical. The house has the different Value when its owner has the right to forbid to build near to It a gaz station and when it is deprived such right. From here Follows that shifts in the legislation actually Reconstruct a set of the goods which the economy has, I.e. change volume of resources and a standard of well-being Societies. Besides, economic agents, naturally, cannot
To pass in an exchange it is more than competences, than they have. Therefore
Expansion or narrowing of the property rights available for them Will lead also to change of conditions and exchange scales (To increase or reduction of number of transactions in economy).
The list of the competences which are switched on by the western economists in
Property right definition, is usually shorter "than the full Definitions "A.Onore. But the basic approach to the right To the property as to a set of partial competences remains to those : "the Property right to property, - marks With. - , - consists of following competences: 1) the rights Usings property (usus); 2) the rights to reap the brought It fruits (usus fructus); 3) the rights to change its form and
At mutually co-ordinated price. Last two competences Define the right of the proprietor to realisation of changes in Values of its property also represent the fundamental Property right components "(55, with. 3) 3. (And The point the fourth means possibility of transfer of competences as All together, and everyone separately). As an analysis starting point the western theorists Address usually to a private property mode. The right Private property it is understood by them not simply as The arithmetic sum of competences, and as difficult structure. It Separate components mutually cause each other. Degree of their coherence is shown in that, how much Restriction of any competence (up to full it Elimination) influences realisation by the proprietor of the others Competences. For example, the using exclusive right is not obligatory Assumes possibility of alienation of a thing. But the right on Thing transfer inevitably assumes that at least Any part of exclusive rights to using or the income Is available (differently would agree nobody on an exchange with the owner This thing). Rigid restriction of the right on reception of the income from Resource (in the form of the ultrahigh tax, we we will tell) can result To that the owner of a resource will lose everyone Interest in its use. In this case it Will not protect in any way exclusiveness available at it Rights of use, i.e. Its behaviour will be same, as If it has been deprived this right (18, with. 52). The western economists specially underline, what even at Concentration of all competences in hands of one person the right Properties can be named exclusive, but not "Unlimited". "Exclusiveness" in this case Means that it will be constrained only by those restrictions, Which have lawful character. The degree of exclusiveness inherent in the private is high Properties, has two behavioural consequence, which The western theorists attach cardinal significance and with With which they connect decided advantages Private-ownership legal regime. First, Exclusiveness of the right usus fructus assumes that on The proprietor and only on it all fall positive and Negative results of activity carried out by it. It Therefore it appears it is interested in as much as possible full them The account at decision-making. It is the major economic Stimulus which provides efficiency of the accepted Decisions (in sense of prevalence of positive consequences over Negative), promoting that to increase
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