2007
DOI: 10.2139/ssrn.1304699
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Private and Common Property Rights

Abstract: The relative advantages of private property and common property for the efficiency, equity, and sustainability of natural resource use patterns have long been debated in the legal and economics literatures. The debate has been clouded by a troika of confusions that relate to the difference between (1) common-property and open-access regimes, (2) common-pool resources and common-property regimes, and (3) JEL classification: K1, Q2, H4, D7

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Cited by 77 publications
(35 citation statements)
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“…It is important to di¡erentiate between a type of resource (common pool resource) described in terms of physical characteristics, and a type of property right (common property) described in terms of access and harvest rules (Ostrom 2000a). Common property is a type of property right in which a group of owners of a resource has a speci¢ed bundle of access and use rights.…”
Section: Theoretical Backgroundmentioning
confidence: 99%
“…It is important to di¡erentiate between a type of resource (common pool resource) described in terms of physical characteristics, and a type of property right (common property) described in terms of access and harvest rules (Ostrom 2000a). Common property is a type of property right in which a group of owners of a resource has a speci¢ed bundle of access and use rights.…”
Section: Theoretical Backgroundmentioning
confidence: 99%
“…In this instance, each characteristic is considered relevant to natural resources and comprises access, withdrawal, management, exclusion and alienation rights. Ostrom (2000) also observes that ''[t]he rights of access, withdrawal, management, exclusion and alienation can be separately assigned to different individuals as well as being viewed as a cumulative scale moving from minimal rights of access through possession of full property rights.'' complex by the multiple dimensions of water over which a set of rights might then need to be mapped.…”
Section: Dimensions Of Watermentioning
confidence: 99%
“…classificatory system, supplementing it where it proves helpful with the work of Elinor Ostrom (2000). Drahos' (2006) four common property regimes are based around two key distinctions: that between the positive and the negative, and between inclusiveness and exclusiveness.…”
Section: Pgr As Global Commonsmentioning
confidence: 99%
“…The solution, according to Hardin, lies in the allocation of rights as private or public (state) property (Hardin, 1968). A growing volume of ground-based evidence and scholarly work has, however, shown that users of commons have devised institutional arrangements and governance regimes that are sustainable for long time periods, allocate resources equitably and minimize efficiency losses (Agrawal, 2001;Dietz et al, 2003;Ostrom, 2000). PGR as a global commons is, therefore, not necessarily an unachievable utopia.…”
mentioning
confidence: 99%