title: Issues of property valuation in the context of legal concepts of ownership in the transition to a digital economy
metadata.name: dc.contributor.author
metadata.value: Manuilov, Andrey V.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2020-09-09T12:11:17Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2020-09-09T12:11:17Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2019-03
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Manuilov, Andrey V. 2019. Issues of property valuation in the context of legal concepts of ownership in the transition to a digital economy. Pravovedenie 63 (1): 112–136.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu25.2019.106
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/19353
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article discusses the impact of conceptual ideas about ownership in an economic turnover. The concept of ownership creates general conditions for its legal regulation. According
  to the author, the continental unitary ownership model focuses on securing and protecting
  property rights, while the concept of shared ownership(as a combination of partial interests)
  tends to ensure the dynamics of property turnover and the involvement of a larger number of
  subjects in investment processes. For certain economic conditions, the unitary and divided
  concepts of ownership create mechanisms that ensure the satisfaction of the demands of
  the economic turnover (market). Property valuation as an applied economic science serves
  the needs of the market as an institution independent of the subjects, providing feedback
  between the existing market prices and the fundamental (internal) market value of property
  rights. The author concludes that for appraisal science, which inherited the conceptual and
  methodological apparatus of the American theory of appraisal activity, the concept of ownership fully corresponds to the theory of the “bundle of rights”, i. e. concepts of shared ownership dominant in the Anglo-American legal family. This circumstance led to the de facto
  decorative character of the Russian assessment under the conditions of the Russian civil law,
  which quite firmly adheres to the continental doctrine of unitary ownership. Considering digital assets as a new class of economic values, authentic to their circulation environment (Internet), the author concludes that at the present time, when transitioning to a digital economy, a
  conceptual rethinking of property concepts is practically necessary for the further development of valuation science, according to a request formed by civil turnaround in terms of digital
  transformation.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Pravovedenie;Volume 63; Issue 1
metadata.lang: -
metadata.name: dc.subject
metadata.value: unitary property
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: split property
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: digital rights
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: property valuation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: cryptocurrency
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: blockchain
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Issues of property valuation in the context of legal concepts of ownership in the transition to a digital economy
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 112-136.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/19353/1/112-136.pdf
resources.format: Adobe PDF
resources.size: 799,26 kB