Chapter

The Regulated Common Property

Jean‐Marie Baland and Jean‐Philippe Platteau

in Halting Degradation of Natural Resources

Published in print March 2000 | ISBN: 9780198290612
Published online January 2005 | e-ISBN: 9780191601613 | DOI: http://dx.doi.org/10.1093/0198290616.003.0009
 The Regulated Common Property

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This chapter analyses the regulated common property regime, wherein human groups impose sufficient discipline upon their members to save common property resources from destruction or degradation. It discusses the efficiency of regulated common property, the distributive effects of regulating common property, and common property resources in the context of pervasive factor-market imperfections. It identifies two problems with regulation: its difficulty to achieve and carry out, and its impact on income distribution which could prompt opposition from some users.

Keywords: regulated common property; distributive effects; factor-market imperfections; decentralized regulation

Chapter.  13245 words.  Illustrated.

Subjects: Economic Development and Growth

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