How Important Is Each of These? That depends on the particular thing that might or might not be property Does it have to be produced? Is there a limited supply?Is overuse a problem? How elastic is the supply?Will not getting ownership much reduce it? Are there costs to assigning property rights?Consider land. It also depends on the technologies for enforcing property rights Consider the difference between IP that requires a printing press and that doesn't Technologies for detecting trespassers. 。Burglar alarms. ·D0gSHow Important Is Each of These? • That depends on the particular thing that might or might not be property • Does it have to be produced? • Is there a limited supply? Is overuse a problem? • How elastic is the supply? Will not getting ownership much reduce it? • Are there costs to assigning property rights? Consider land. • It also depends on the technologies for enforcing property rights • Consider the difference between IP that requires a printing press and that doesn’t • Technologies for detecting trespassers. • Burglar alarms. • Dogs