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Economic Theory of Commons: Revisited

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dc.contributor.author Kant, Sashi en_US
dc.contributor.author Nautiyal, J. C. en_US
dc.date.accessioned 2009-07-31T14:41:23Z
dc.date.available 2009-07-31T14:41:23Z
dc.date.issued 1992 en_US
dc.date.submitted 2008-01-30 en_US
dc.date.submitted 2008-01-30 en_US
dc.identifier.uri https://hdl.handle.net/10535/1993
dc.description.abstract "The conventional economic theory of commons skipped the fundamental role of institutional structures and associated transaction costs as elements of the set of opportunity choices of resource manager. A empirical economic model of commons which incorporates the role of institutions and associated transaction costs has been proposed. Gordon's theory of commons is a special case of this model. Specific features of the model are - characterisation of transaction function, and incorporation of some social, cultural and obviously economic factors such as homogeneity of user group, type and degree of dependence of user group on resource, and economic status of user group etc." en_US
dc.subject common pool resources en_US
dc.subject institutions en_US
dc.subject property rights en_US
dc.subject forestry--models en_US
dc.subject transaction costs en_US
dc.subject IASC en_US
dc.title Economic Theory of Commons: Revisited en_US
dc.type Conference Paper en_US
dc.subject.sector Theory en_US
dc.identifier.citationconference Inequality and the Commons, the Third Biennial Conference of the International Association for the Study of Common Property en_US
dc.identifier.citationconfdates September 1992 en_US
dc.identifier.citationconfloc Washington, DC en_US
dc.submitter.email aurasova@indiana.edu en_US


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