Property and Legal Institutions

Intermediate

Governance Strategy

A legal strategy that regulates particular uses of a resource or particular relations among parties more directly than a general right to exclude.

Why It Matters

Governance rules such as nuisance standards, servitudes, and land-use restrictions become attractive when recurrent conflicts justify the additional information and administrative costs of tailoring.

Selected Literature

A short list of directly relevant archive entries.

Related Cases

1879

Foundations of Law and Economics

Sturges v. Bridgman

11 Ch. D. 852 (1879)

Nuisance, coming to the nuisance, and reciprocal conflicts over incompatible land uses.

1970

Foundations of Law and Economics

Boomer v. Atlantic Cement Co.

26 N.Y.2d 219, 257 N.E.2d 870 (1970)

Permanent damages, injunctions, and the choice between property-rule and liability-rule protection.