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Housing privatization in Romania
Economics of Transition ( IF 0.611 ) Pub Date : 2017-11-17 , DOI: 10.1111/ecot.12140
Robert Buckley 1 , Ashna Mathema 2
Affiliation  

Over the past three decades, Romanian housing rights changed from a strictly managed public stock to one governed by individual decision†making. And while it is typical that widespread private ownership provides a basis for a well†functioning housing market, in Romania this has not been the case. Indeed, rather than creating a market that spontaneously allocates resources efficiently, housing privatization in Romania has created exclusion rights, thus creating an Anti†commons problem. This problem can have effects similar to those of the tragedy of the Commons in which those who share a common good overuse it. In the Anti†commons, in contrast, if too many owners have the right to exclude others from use of a resource, the resource is underused. In both cases, the rights allocation wastes resources.

中文翻译:

罗马尼亚的住房私有化

在过去的三十年中,罗马尼亚的房屋权利从严格管理的公共存量变成了由个人决策支配的存量。尽管通常情况下,广泛的私有制为运作良好的住房市场提供了基础,但在罗马尼亚,情况并非如此。的确,罗马尼亚的住房私有化没有建立自发地有效分配资源的市场,而是创造了排斥权,从而引发了反公地问题。这个问题可能会产生与下议院悲剧类似的后果,在下悲剧中,拥有共同利益的人们会过度使用它。相比之下,在Anti-commons中,如果太多的所有者有权将其他人排除在资源的使用范围之外,则该资源没有得到充分利用。在这两种情况下,权利分配都会浪费资源。
更新日期:2017-11-17
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