Property versus possession, ten years on: assessing the lexical impact of the 2015 JOIE debate
Abstract
Abstract This Comment assesses the legacy of the 2015 JOIE debate, critiquing the economic conflation of de jure ‘property’ and de facto ‘possession’. Citation analysis confirms the debate’s sustained intellectual footprint, but this did not translate into the lexical shift advocated by its proponents. A text-mining analysis of 58 economics journals finds negligible adoption of the specific term ‘possession’. A broader test for a conceptual basket of related de facto terms also fails to find robust evidence; a fragile signal in one dataset, not replicated in a second. We conclude that no significant, profession-wide lexical adoption occurred.
Fields of Study & Subjects
Economic Theory and Institutions
linguistics and terminology studies
scientometrics and bibliometrics research
Publication details
- Journal / source
- Journal of Institutional Economics
- Volume
- 22
- Publication date
- 1 January 2026
- Language
- EN