The Changing Role of Property Law 2023
DOI: 10.4337/9781839100659.00016
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The organization of public registries: a comparative analysis

Abstract: This work analyzes the main tradeoffs in the organization of public registries, comparing five forms of organization: (1) the bureaucracies or "discretionary expense centers" used to provide privately valuable services in the welfare state; (2) the internal markets introduced to reform them, and the hybrid solutions that have been used by the liberal state since the 19 th century to provide such privately valuable services, including (3) revenue centers based on user fees; (4) franchised systems in which profe… Show more

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