Abandonment of property rights: towards a sustainable reconciliation between property and contract law KU Leuven
From the perspective of a homo economicus, the abandonment of a property right seems a strange and rare phenomenon since it is hard to imagine that someone would voluntarily give up a right without getting anything in return. However, many examples pop up once the power to abandon a property right is combined with negative value goods such as waste, discarded objects, polluted lands or neglected buildings. Negative value goods often acquire ...