Tuesday 13
C2 - Environment III
Chair: Justin Leroux
› 10:15 - 10:40 (25min)
› Room 521 - L. Jouvet
Rights on what is Left: An axiomatic discussion of grandfathering
Justin Leroux  1@  , Jeremy Laurent-Lucchetti  2@  
1 : HEC Montréal
2 : Université de Genève  -  Website
24 rue du Général-Dufour CH - 1211 Genève 4 -  Switzerland

Allocating property rights on an open access resource which has been freely exploited in the past is often problematic. In practice, the involved agents typically rely on one of two competing principles to determine future allocation. The first principle, grandfathering, favors the status quo while the other one, historical accountability, is a corrective justice argument. These arguments are usually raised without any precise referential framework. Our main contribution is to propose a simple framework allowing to (i) define precisely each argument, (ii) explicit the link between these arguments and (iii) clarify the methods that they logically imply.



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