Creating Property Rights : Law and Regulation of Secondary Trading in the European Union.
Material type: TextSeries: Nijhoff International Trade Law SerPublisher: Leiden : BRILL, 2012Copyright date: ©2012Edition: 1st edDescription: 1 online resource (214 pages)Content type: text Media type: computer Carrier type: online resourceISBN: 9789004227057Subject(s): Property -- European Union countries | Right of property -- European Union countriesGenre/Form: Electronic books.Additional physical formats: Print version:: Creating Property Rights : Law and Regulation of Secondary Trading in the European UnionDDC classification: 346.2404/32 LOC classification: KJE1251 -- .C65 2012ebOnline resources: Click to ViewIntro -- Creating Property Rights -- Dedication -- Contents -- Acknowledgements -- I. The Regulatory Creation of Rights -- 1. The Evolution of the Regulatory State: An Overview -- 2. Government Largess and the New Property Theory -- 3. The Tragedies of Property Governance: Commons, Anticommons, Semicommons -- 4. Givings -- 5. The Allocation of Scarce Resources: The Proposal for the Introduction of Secondary Trading in the EU -- II. Airport Slots -- 1. Airport Slots in the Aviation Market -- 2. Slot Allocation in the United States -- 3. A Market Approach in the EU? -- 4. Airport Slots and Secondary Trading -- 5. Forecasting: A First Assessment on Secondary Trading -- 5.1. Impact on Competition -- 5.2. Implementation Costs -- 6. Airport Slots: Property Rights or Entitlements? -- III. Spectrum Rights -- 1. Radio Spectrum -- 2. EU Regulatory Framework -- 3. Spectrum Management Models -- 3.1. An Outline of Scholarly Debate on Spectrum Reform -- 3.2. The Current European Approach -- 4. Spectrum Trading -- 4.1. Some Reflections on Spectrum Trading Impact -- 5. Competition Issues -- 6. Trading Experiences -- 6.1. EU and UK Experiences -- 6.2. Spectrum Trading in the United States: An Overview -- 7. Some Conclusive Reflections on Spectrum Governance in the EU -- IV. Milk Quotas -- 1. Quotas in EU Agricultural Policy -- 2. The EU Milk Quotas System -- 3. Milk Quotas Management -- 4. The Nature of Quotas -- 5. Milk Quotas Trading -- V. Emission Allowances -- 1. The Kyoto Protocol -- 2. Allocation of Allowances: General Allocation Methods -- 3. The European Union Emissions Trading Scheme: First and Second Round Experiences -- 3.1. The Allocation of Allowances in the EU First and Second Round Experiences -- 3.2. The NAPs and the Commission -- 4. Potential Anticompetitive Distortions in the EU ETS Experience.
5. The EU ETS Post 2012: The Third Phase and the New Allocation Scheme -- 6. Emissions Trading in the United States: An Overview -- 6.1. The Acid Rain Program -- 6.2. NOx Trading Programs -- 7. Nature of Allowances -- 8. Forms of Trading -- VI. Conclusive Remarks: The Evolution of de Facto Property Rights and the Secondary Trading Issue -- 1. Government Regulation and the Evolution of Property Rights -- 2. Implications of Allocation Processes: A Comparative Summary of the Sectors Selected -- 3. The Secondary Trading Issue in the European Regulatory Networks -- Bibliography -- Index.
Analysing the regulatory creation of property-like rights by governments, this book provides a comprehensive study of allocation processes and market mechanisms through the survey of four topical examples (airport slots, spectrum rights, milk quotas and emission allowances) which are under great attention at both the international and European Union level.
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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