Introduction: The Demsetz Thesis and the Evolution of Property Rights
Thomas W. Merrill

The Rhino's Horn: Incomplete Property Rights and the Optimal Value of an Asset
Douglas W. Allen

Transitions between Property Regimes
Stuart Banner

Property, Contract, and Verification: The Numerus Clausus Problem and the Divisibility of Rights
Henry Hansmann and R. Kraakman

Two Stories about the Evolution of Property Rights
Saul Levmore

Exclusion versus Governance: Two Strategies for Delineating Property Rights
Henry E. Smith

Cowboys and Contracts
Terry Anderson and Peter J. Hill

The Allocation of the Commons: Parking on Public Roads
Richard A. Epstein

The Black Death and Property Rights
David D. Haddock and Lynne Kiesling

The Economic Evolution of Petroleum Property Rights in the United States
Gary D. Libecap and James L. Smith

The Extermination and Conservation of the American Bison
Dean Lueck

Toward a Theory of Property Rights II: The Competition between Private and Collective Ownership
Harold Demsetz