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022			_a00222186
040			_aMSU _bEnglish _cMSU _erda
100	1		_aLibecap, Gary D. _eauthor
245	1	0	_aLarge-Scale Institutional Changes: _bland Demarcation in the British Empire _ccreated by Gary D. Libecap, Dean Lueck and Trevor O’Grady
264			_aChicago: _bUniversity of Chicago Press; _c2011.
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aJournal of Law and Economics _vVolume 54, number 4
520			_aWe examine adoption of land demarcation in the British Empire during the seventeenth through nineteenth centuries. We develop a model and test its implications against data from temperate British colonies in North America, Australia, and New Zealand. Three arrangements were implemented: individualized, idiosyncratic metes and bounds; a centralized, uniform rectangular system; and a centralized, nonuniform demarcation system. The choice of arrangement is determined using demarcation, topographical, and soil quality data sets with qualitative, historical information. We find that centralized systems provide coordination benefits, but adoption is less likely when implementation is slow and controlling settlement is costly. In centralized systems, we find that uniform rectangular demarcation lowers transaction costs, but its rigid structure is costly in rugged terrain, and alternatives are adopted
650			_aAgricultural land _vColonies _xCost control
650			_aDemarcation problem _vLand economics _xLand surveying
650			_aLand use _vPublic land _xSoil quality
700			_aLueck, Dean _eco author
700			_aO’Grady, Trevor _eco author
856			_uhttps://doi.org/10.1086/662185
942			_2lcc _cJA
999			_c164243 _d164243