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Should Common Property Resources be Privatized? A Re-Examiniation of the Tragedy of the Commons

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dc.contributor.author Baland, Jean-Marie
dc.contributor.author Platteau, Jean-Philippe
dc.date.accessioned 2010-03-19T18:28:12Z
dc.date.available 2010-03-19T18:28:12Z
dc.date.issued 1994 en_US
dc.identifier.uri https://hdl.handle.net/10535/5649
dc.description.abstract "To many observers, environmental resources nowadays are said to be patently over-exploited owing to an inappropriate property regime, which leads to a Tragedy of the Commons. In this perspective, privatization is often recommended as the best efficiency-improving measure. In the present paper however, we contend that there are in fact numerous conditions for this proposition to hold true and that they are not likely to be met in reality. Moreover, we argue that even if we stick to the standard efficiency criterion, it may be essential to lend attention to equity considerations." en_US
dc.language English en_US
dc.relation.ispartofseries Development, no. 143 en_US
dc.subject tragedy of the commons en_US
dc.subject privatization en_US
dc.subject common pool resources en_US
dc.title Should Common Property Resources be Privatized? A Re-Examiniation of the Tragedy of the Commons en_US
dc.type Working Paper en_US
dc.type.methodology Theory en_US
dc.publisher.workingpaperseries Faculte des Sciences economiques et sociales, Facultes Universitaire Notre-Dame de la Paix, Namur, Belgium en_US
dc.subject.sector Theory en_US


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