Difference between revisions of "Property"
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| − | + | It is a bundle of rights or permissions that govern or normalize the ''use'', ''creation'' of ''destruction'', and the ''benefits'' from a [[resource]]. | |
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There are different forms of property: | There are different forms of property: | ||
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* [[public property]] | * [[public property]] | ||
* [[shared property]]: susceptible to capture by agents both inside and outside the [[organization]]. Power over such resources is distributed and cannot be privatized. | * [[shared property]]: susceptible to capture by agents both inside and outside the [[organization]]. Power over such resources is distributed and cannot be privatized. | ||
| − | * [[commons]] | + | * [[commons]]: also susceptible to capture and to collapse/failure (tragedy of the commons) |
| − | * [[nondominium]] | + | * [[nondominium]]: doesn't need the protection of the state or a powerful entity. |
Revision as of 15:43, 24 May 2022
It is a bundle of rights or permissions that govern or normalize the use, creation of destruction, and the benefits from a resource.
There are different forms of property:
- private property - under the total control of an agent. Private resources cannot, by definition, be captured by internal agents, and that is protected by a higher authority such as the state. They can be captured by external agents unless the agent controlling the resource is autonomous, see nondominium.
- public property
- shared property: susceptible to capture by agents both inside and outside the organization. Power over such resources is distributed and cannot be privatized.
- commons: also susceptible to capture and to collapse/failure (tragedy of the commons)
- nondominium: doesn't need the protection of the state or a powerful entity.
Praxix
Within the Sensorica OVN affiliates distinguish between commons, reserved for shared immaterial assets, see Pool of shareables.