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The more widely a set of the rights connected with the given resource, the above
Its 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
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
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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