Numerus clausus: An economic perspective
Numerus clausus refers to the principle that both the form and the substance of a property right shall be prescribed by the law, which essentially restricts the freedom to “customize” the legally enforceable property interests.2 It has long been regarded as a basic principle in Civil Law countries,...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2006
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| Online Access: | https://ink.library.smu.edu.sg/sol_research/2607 https://ink.library.smu.edu.sg/context/sol_research/article/4565/viewcontent/numerus.pdf |
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| Institution: | Singapore Management University |
| Language: | English |