Browsing by Author "Simmons, Randy T."

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The New Resource Economics
(1984) Simmons, Randy T.; Baden, John
"Proposals to privatize portions of the public lands have been misunderstood and misrepresented by academics, politicians, and some environmentalists. The confusion and ignorance about the new resource economics (NRE), which incorporates concepts about the tragedy of the cannons, the role of government, the importance of voluntary association, and the function of property rights, have distorted explanations of the implications of privatization. Our purpose is to provide understanding and to correct mispresentations by explaining the NRE. We argue that there are firm theoretical and empirical justifications for claiming that private management of many of the lands currently held by the federal government will more efficiently and equitably meet the needs and wants of the American people."
The Tragedy of the Commons Revisited: Politics vs. Private Property
(1996) Simmons, Randy T.; Smith, Fred L.; Georgia, Paul
"To illustrate the management challenges faced by those who wish to avoid the tragedy of the commons, we extend Hardin's village example by considering the two different forms of social arrangements he suggested as possible solutions to the problem: Political management vs. private property. In our extension, political management requires that the village establish a management body — the Pasture Protection Agency (PPA) and it's head the PPA Administrator. The PPA, of course, is directly analogous to our own environmental protection and resource management agencies. It is intended to show the difficulties and shortcomings of political management."