The Costs of Free Land: The Oklahoma Land Rushes

@article{Bohanon1998TheCO,
  title={The Costs of Free Land: The Oklahoma Land Rushes},
  author={Cecil E. Bohanon and Philip R. P. Coelho},
  journal={The Journal of Real Estate Finance and Economics},
  year={1998},
  volume={16},
  pages={205-221}
}
There is an extensive literature in economic history on the disposition of public lands of the United States. Absent from this literature is any consideration of the Oklahoma Territory and the two unusual methods used to dispose of its lands. One method was a land rush where entrants literally raced to claim surveyed lots; the other was a lottery where random chance determined who won. This article develops a model of resource allocation applicable to land rushes and lotteries and examines… 

Rationing by racing and the Oklahoma land rushes

Abstract Yoram Barzel was always aware that competition is ubiquitous and takes many forms, and he was among the first to analyze settings where individuals compete on the basis of time, rather than

How many rushed during the Oklahoma land openings?

At noon on April 22, 1889, a gunshot on the border of what was then called the Unassigned Lands of the Indian Territory launched the first of six well-defined land giveaways in what is now the state

The Birth and Persistence of Cities: Evidence from the Oklahoma’s First Fifty Years of Urban Growth

This paper examines the influence of firstand second-nature forces on the process of city formation in Oklahoma from 1890 through 1930. The natural experiment o ered by the opening up of previously

1889 Oklahoma Land Run: The Settlement of Payne County

In this article, we examine the demographic characteristics of the non-Native American settlers in Payne County, Oklahoma, using the 1890 Territorial Census, which includes information on gender,

Lockeans against labor mixing

The idea that labor mixing confers property in unowned resources is, for many, the very heart of the Lockean system of property. In this essay I shall argue that this common view is mistaken. Lockean

Gender gaps in frontier entrepreneurship? Evidence from 1901 Oklahoma land lottery winners

The paper investigates gender differences in entrepreneurship by exploiting a large-scale land lottery in Oklahoma at the turn of the 20 th century. Lottery winners claimed land in the order in which

Greed, Fear, and Rushes

We develop a simple new timing game that offers a unified theor y of sudden mass movements in economics, such as arise in matching, asset bubbles, and bank runs. We distinguish between rushes

Agricultural Land and the Small Parcel Size Premium Puzzle

Per acre prices of agricultural land increase as parcel sizes decrease. The puzzle is why all agricultural land is not sold in small parcels. Small parcels tend to be close to residential areas and

Subject Index

Albrecht, S. L., L. L. Clarke, and M. K. Miller. Community, family, and race/ethnic differences in health status in rural areas. RSOC63 (2): 235-52. Allensworth, E. M., and R. I. Rochin. The

References

SHOWING 1-10 OF 32 REFERENCES

Peopling the Land by Lottery? The Market in Public Lands and the Regional Differentiation of Territory on the Georgia Frontier

  • D. Weiman
  • History, Economics
    The Journal of Economic History
  • 1991
Organized markets in public lands enabled large slaveholders to establish a foothold on the frontier, often in advance of their actual settlement. Their “pre-emptive” purchases of prime cotton lands

“Profits” and the Frontier Land Speculator

From the days of the confederation through the nineteenth century, the frontier land speculator was a familiar figure in the United States. Perambulating foreigners recorded the activities of this

Some Economic Issues Relating to Railroad Subsidies and the Evaluation of Land Grants

  • S. Engerman
  • Economics
    The Journal of Economic History
  • 1972
The federal policy of granting land in aid of railroad construction in the mid-nineteenth century has been the focus of many heated discussions. Both praised and attacked by contemporaries, it has

Legislating commons: the Navajo tribal council and the Navajo range.

The article argues that chronic overgrazing on the Navajo Reservation is the result of policies of the BIA and the Tribal Council. In support of that hypothesis the paper outlines the nature of

The Race for Property Rights

ECONOMICS literature on the evolution of property rights has increasingly emphasized the optimal timing for establishing those rights. Yoram Barzel,' Dale Mortensen,2 and Partha Dasgupta and Joseph

Homesteading and Property Rights; Or, "How the West Was Really Won"

  • D. Allen
  • History
    The Journal of Law and Economics
  • 1991
of the United States various issues (1878-1900); and Thomas Donaldson, The Public Domain, Its History, with Statistics (Johnson Reprint Corp. 1884). restrictions on squatting. Moreover, throughout

Property Rights, Nineteenth-Century Federal Timber Policy, and the Conservation Movement

In campaigning for the establishment of the National Forests in the late nineteenth century, conservationists pointed to fraud and timber theft in the Pacific Northwest. In this paper we argue that

The Evolution of Property Rights: A Study of the American West

SINCE Ronald Coase's work on "The Problem of Social Cost,"' economists have increasingly turned their attention to the effects of property rights on market operations.2 The way in which property

Agency costs and the assignment of property rights: the case of the South Western Indian Reservation.

Following Coase's 1960 article much of the literature on property rights has focused on the common property problem and the emergence of ownership institutions in response to it [5; 7; 8; 11; 13; 24;

The Evolution of Property Rights

A model of the "optimal commons" shows how property tenures result from the interaction of transactions costs among those people using a resource in common and the costs of excluding noncommoners.