Boundary Uncertainty of Property Rights and the Value of the Property Rights
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- Public canonical key
- doi:10.5465/amproc.2025.21100abstract
- Authors
- Wei Dong Zheng · Geert M. Duysters
- Reported year
- 2025
- Reported language
- en
- Source type
- conference-abstract
- First detected
- 2026-11-09T19:14:29.798462+00:00
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- 2026-11-09T19:14:29.798462+00:00
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Institutions reported by the source
Tilburg University
Documentary abstract — original language
To explain why some property rights value more than other property rights, past research has focused on characteristics of property rights, like usefulness and uniqueness. We argue that past research has ignored a very fundamental characteristic of property rights - the boundary certainty and ownership certainty of the property rights. It is only when the property right is clearly delineated and the ownership of property rights is guaranteed, would the discussions about other characteristics, like uniqueness and usefulness be meaningful. However, property rights, by nature a right given by law, is a contract, which is never complete nor certain. In this paper, we will investigate how the boundary uncertainty of a property right affects the value of the property right. To investigate this issue, we make use of a Supreme Court decision made in the US that makes the delineation of boundary of patent unclear. Findings suggest that boundary uncertainty of a property right in general reduces value of the property rights, while property rights owners having a strong capability to defend its property rights may be harmed less by the uncertainty.
Identifiers
- OPENALEX
- W4416007435
- DOI
- 10.5465/amproc.2025.21100abstract
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- conference-abstract
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OpenAlex · Record 1 · Record 2
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Cite this reference
Wei Dong Zheng; Geert M. Duysters. Boundary Uncertainty of Property Rights and the Value of the Property Rights. 2025. https://doi.org/10.5465/amproc.2025.21100abstract
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- APA
- Wei Dong Zheng; Geert M. Duysters. (2025). Boundary Uncertainty of Property Rights and the Value of the Property Rights. https://doi.org/10.5465/amproc.2025.21100abstract
- Chicago
- Wei Dong Zheng; Geert M. Duysters. Boundary Uncertainty of Property Rights and the Value of the Property Rights. 2025. https://doi.org/10.5465/amproc.2025.21100abstract
- ISO 690
- Wei Dong Zheng; Geert M. Duysters. Boundary Uncertainty of Property Rights and the Value of the Property Rights. 2025. https://doi.org/10.5465/amproc.2025.21100abstract
UDTR Global Rights of Nature Legal Library. Boundary Uncertainty of Property Rights and the Value of the Property Rights. Documentary record: https://www.declarationuniverselledesdroitsdelarbre.org/global-rights-of-nature-radar/reference/r-c1c56e324d7f104bbf7efa462961a80e/ · Last HTTP verification: not performed
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Version 03b0b6c6552cc76b · udtr-reference-1.1.2
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- OpenAlex · source · 2026-11-09T19:14:29.798462+00:00
- Authors
- OpenAlex · source · 2026-11-09T19:14:29.798462+00:00
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OpenAlex · source · 2026-11-09T19:14:29.798462+00:00
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607f8d57d0dd043a · 2026-11-09T19:14:29.798462+00:00
d6e2da7ce30620de · 2026-11-09T19:14:29.798462+00:00
218f14c083b4e1f5 · 2026-11-09T19:14:29.798462+00:00
03b0b6c6552cc76b · 2026-11-09T19:14:29.798462+00:00
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Discovery source · https://doi.org/10.5465/amproc.2025.21100abstract
Discovery source · https://openalex.org/W4416007435
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