Image Database Export Citations


Open-Access Losses and Delay in the Assignment of Property Rights

Show simple item record

dc.contributor.author Libecap, Gary D.
dc.date.accessioned 2010-04-28T19:38:13Z
dc.date.available 2010-04-28T19:38:13Z
dc.date.issued 2007 en_US
dc.identifier.uri https://hdl.handle.net/10535/5745
dc.description.abstract "Even though formal property rights are the theoretical response to open access involving natural and environmental resources, they typically are adopted late after considerable waste has been endured. Instead, the usual response in local, national, and international settings is to rely upon uniform rules and standards as a means of constraining behavior. While providing some relief, these do not close the externality and excessive exploitation along unregulated margins continues. As external costs and resource values rise, there finally is a resort to property rights of some type. Transfers and other concessions to address distributional concerns affect the ability of the rights arrangement to mitigate open-access losses. This paper outlines the reasons why this pattern exists and presents three empirical examples of overfishing, over extraction from oil and gas reservoirs, and excessive air pollution to illustrate the main points." en_US
dc.language English en_US
dc.relation.ispartofseries NBER Working Paper, no. 13642 en_US
dc.subject intellectual property rights en_US
dc.subject open access en_US
dc.title Open-Access Losses and Delay in the Assignment of Property Rights en_US
dc.type Book en_US
dc.type.methodology Case Study en_US
dc.publisher.workingpaperseries National Bureau of Economic Research, Cambridge, MA en_US
dc.subject.sector Information & Knowledge en_US

Files in this item

Files Size Format View
open access losses.pdf 155.5Kb PDF View/Open

This item appears in the following document type(s)

Show simple item record