The term "common property" has been largely misunderstood and falsely interpreted for the past two to three decades. Common property regimes are not the free for all that they have been described to be, but are structured ownership arrangements within which management rules are developed, group size is known and enforced, incentives exist for co-owners to follow the accepted institutional arrangements, and sanctions work to insure compliance. Resource...
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INFORMATION
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1989/10/31
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Publication
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WDP57
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1
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1
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2010/07/01
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The management of common property natural resources : some conceptual and operational fallacies
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common property regime
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