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An Economic Analysis of Australian Real Property Law

Ratten, Vanessa, Ratten, Hamish, & Lloyd-Morgan, Rhys P. (2004) An Economic Analysis of Australian Real Property Law. In International Management Development Association conference: global business: Coping with uncertainty, 14-18 July, Maastricht, The Netherlands.

Abstract

The current global business climate has seen a heightened awareness of the legal framework that surrounds corporations. However, outcomes of legal decisions are not often evaluated as to their underlying economic rationale. This paper seeks to contribute to this area by attempting to explain real property law in Australia, as evidenced by native title judicial decisions, through the application of an economic analysis of the law. In analysing these theories, the paper concludes that externalities and regulation were held to be an important component for economic agents within the real property law framework.

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ID Code: 1178
Item Type: Conference Paper
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > International Business (150308)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Copyright Owner: Copyright 2004 (please consult author)
Deposited On: 04 May 2005
Last Modified: 05 Jan 2011 23:24

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