Small Business Resources, Business Advice and Forms from AllBusiness.com
D&B Credit Reports   Businesses for Sale   What's Your Credit Emergency?   Thriving in Tough Times   Trade Magazines   Reduce Health Care Costs   Finance Resource Center
 

Featured Videos

Losers: Recovering Lost Property in Japan and the United States

By West, Mark D
Publication: Law & Society Review
Date: Sunday, June 1 2003
HEADNOTE

This article examines the lost property regime of Japan, which has one of the most impressive reputations in the world for returning lost property to its rightful owner, and compares it with that of the United States. Folk legend

attributes Japanese lost-and-found success to honesty and other-regarding preferences. In this article, I locus on another possible explanation: legal institutions that efficiently and predictably allocate and enforce possessory rights. These recognized, centuries-old rules mesh with norms, institutional structures, and economic incentives to reinforce mutually the message that each sends and yields more lost-property recovery than altruism alone.

Introduction

This article examines finders' law and recovery of lost property in Japan and the United States. Using a variety of tools-statutory exposition, interviews, new institutional economics analysis, statistics, surveys, and "lost wallet" experiments in which I purposely lost property in Tokyo and New York-I attempt to determine whether and to what extent lost property recovery rates differ, and to disentangle the causal factors that underlie those differences.

In addition, make sure to read these articles:

  • Catch 'Em Early: Get a Free Pokemon Gift;...
    • REDMOND, Wash. -- Once again, it pays to be a fast-acting Pokemon(R) fan. Starting Aug. 1, fans and interested novices who place a deposit to ......
  • SUBWAY Restaurants, Pokemon USA and...
    • NEW YORK -- SUBWAY(R) Restaurants, Pokemon USA and 4Kids Entertainment, Inc. (NYSE: KDE) have launched a promotion now offering one of four new Pokemon(R) ......
  • Pokemon Animated Episodes Now Portable Using Game...
    • REDMOND, Wash. -- On a plane, in a car, in the park or at the beach, for the first time ever fans can enjoy their ......
  • How to ... Choose a property-casualty insurer
    • Owning your own company is risky business. And as your business grows, your risks grow, too.
  • $1B Award Against Exxon.
    • ANEW ORLEANS JURY in May ordered ExxonMobil Corp. to pay a retired Louisiana judge and his family $1 billion for contaminating their land with radioactivity....
  • Binswanger/CBB Named Exclusive Agent for Sale...
    • Business Editors PHILADELPHIA--(BUSINESS WIRE)--Oct. 6, 2003 Motorola has named Binswanger/CBB exclusive agent for the sale of a 124,700 sq. ft. (11,587 sq. m.) semi conductor ......
  • How the lost property office found its way
    • HEADNOTE In the past year, the Scottish land records agency has made purchasing much more efficient. Jane Simms explains IMAGE PHOTOGRAPH 1 An anonymous grey ......
  • Lost property
    • If you are about to buy a house or rent space in the heady property markets of London, New York or Paris, then you may ......
  • Keane on Pace to Set New Annual Record for...
    • Business Editors WEST CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Sept. 17, 2003 Helps Corporations and Financial Institutions Reconnect over 37,000 Shareholders with Missing Assets Worth a Total of $170 ......
  • From the Editor
    • With this issue, my term as editor of the Law and Society Review comes to an end. It is a time to thank people and ......
  • Sisvel Spa Opens a New Office in Japan:...
    • TOKYO -- Sisvel Spa, a multinational company with headquarters in Italy specializing in the protection and exploitation of intellectual property rights, announces the opening ......
  • Solo Cup Divests Japan Manufacturing Assets.
    • Company Further Reduces Debt HIGHLAND PARK, Ill. -- Solo Cup Company (the "Company"), a leading provider of disposable foodservice products, today announced that it ......
  • Japan.
    • In February, President Tony Smith joined other IREM members from Chile, Spain and the United States at the IREM Japan Annual Conference in Tokyo. More ......
  • Japanese biotech: a plan for the future: why Japan...
    • THE JAPANESE GOVERNMENT HAS set an ambitious target of growing the biotech industry to [yen] 25 trillion and creating 1,000 new biotech companies by 2010....
  • LexisNexis Experts Probe Aftermath Insurance...
    • DAYTON, Ohio -- For property- and business owners expecting to find a semblance of normalcy after Hurricane Katrina, the answers boil down to an ......
FedEx Office - FedEx Kinko's is now FedEx Office
T T T
art_print_gray Print art_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

icon - press release

Press Releases

Premium Content

Business Resources

Sponsored Links

Site Map | Contact Us | FAQs | About Us | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Media Kit
Copyright © 1999 - 2009 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

© Copyright Blackwell Publishing Jun 2003
Provided by ProQuest, LLC. All rights Reserved.

You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report?
Online Business Database | Online Business Information | Sales and Marketing Solutions | Business Mailing Lists | Company Profiles
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.