Review paper

Property Rights and Choice: The Case of the Fishery

Volume: 97, Issue: 4, Pages: 1175 - 1191
Published: Jan 20, 2015
Abstract
Formal property rights are typically established after considerable waste has occurred, despite the effectiveness of such schemes in addressing the inefficiencies of common pool resources. Adoption can be contentious because of the assignment of wealth and political influence that accompany the transition to exclusive property rights. This paper studies how the early involvement of harvesters in policy implementation designed to address the...
Paper Details
Title
Property Rights and Choice: The Case of the Fishery
Published Date
Jan 20, 2015
Volume
97
Issue
4
Pages
1175 - 1191
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