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Less Is More
from Part I - Foundation
Published online by Cambridge University Press: 18 May 2023
Chapter 3 focuses on the numerus clausus principle and the limited property rights. It first documents that about a quarter of jurisdictions explicitly adopt this principle, while many others do so implicitly. Chapter 3 argues that this principle is generally efficient. Chapter 3 will also show that property forms such as mortgage (called hypothec in civil law) and real easement are extremely popular.
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