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Renewable Natural Resources: A Framework for Analysis

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Type: Conference Paper
Author: Thompson, James T.
Conference: Mini-Conference of the Workshop in Political Theory and Policy Analysis
Location: Bloomington, Indiana
Conf. Date: April 24, 1996
Date: 1996
URI: https://hdl.handle.net/10535/639
Sector: Theory
Region:
Subject(s): policy analysis
institutions
common pool resources
public goods and bads
property rights
scale
size
Workshop
Abstract: "Intuitively we think of renewable resources as animal and plant species, e.g., wildlife, fish, pasture grasses, trees and shrubs. When we consider other renewables, such as water and soils, we think about them as physical goods having certain properties. Water is liquid and flows downhill under the pressure of gravity. It can be pure or polluted, scarce, abundant or over abundant. Soils, similarly, may be rich or poor depending on their chemical and organic composition, good at soaking up and then releasing moisture (loams) or prone to retain it (clay soils) or porous (sandy soils). These common place observations reflect experienced realities and are critically important in classifying renewables and grasping how they work."

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