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Demsetz affirme qu'en présence d'externalisés un système de droits de propriété a toutes les chance d'émerger lorsque : A) le coût de l'externalité est faible B) le coût de la définition et de la mise en œuvre de ces droits est supérieur au gain associé à la suppression des externalités C) le coût de la définition et de la mise en œuvre de ces droits est inférieur au gain associé à la suppression des externalités D) les conflits deviennent importants

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