Answers are grounded in this paper and cite their sources.
The effect of alternative property rights regimes on the choice between taking an object and acquiring it via a consensual exchange is experimentally explored in a two-period screening game. Results are generally consistent with equilibrium predictions, suggesting that property rights regimes have a significant impact on observed behavior.
No takes yet. Share an insight, caveat, or question.
Rachel Croson (2000) studied this question.
Synapse has enriched 5 related papers. Consider them for comparative context: