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On Custom in the Economy$
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Ekkehart Schlicht

Print publication date: 1998

Print ISBN-13: 9780198292241

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198292244.001.0001

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Property

Property

Chapter:
(p.151) Chapter 11 Property
Source:
On Custom in the Economy
Author(s):

Ekkehart Schlicht

Publisher:
Oxford University Press
DOI:10.1093/0198292244.003.0012

The theory of property proposed by David Hume can be interpreted as an application of the theory developed in this book. The tension between instrumental and moral aspects of property can be traced to principles of clarity. Hume's theory is outlined, discussed from an ethological perspective, and related to the theory of property rights. The tension between ‘moral’ and ‘instrumental’ aspects of property is particularly pronounced in long‐term contracts.

Keywords:   accession, adverse possession, contracts, David Hume, occupation, ownership, prescription, property, property rights, succession

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