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Private and Common Property Rights

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dc.contributor.author Ostrom, Elinor en_US
dc.date.accessioned 2009-07-31T14:24:39Z
dc.date.available 2009-07-31T14:24:39Z
dc.date.issued 2000 en_US
dc.date.submitted 2008-03-10 en_US
dc.date.submitted 2008-03-10 en_US
dc.identifier.uri https://hdl.handle.net/10535/74
dc.description.abstract "The relative advantages of private property and common property for the efficiency, equity, and sustainability of natural resource use patterns have been debated in legal and economic literatures for several centuries. The debate has been clouded by a troika of confusions that relate to the difference between (1) common property and open-access regimes, (2) common-pool resources and common property regimes, and (3) a resource system and the flow of resource units. A property right is an enforceable authority to undertake particular actions in specific domains. The rights of access, withdrawal, management, exclusion and alienation can be separately assigned to different individuals as well as being viewed as a cumulative scale moving from the minimal right of access through possessing full ownership rights. All of these rights may be held by single individuals or by collectivities. Some attributes of common-pool resources are conducive to the use of communal proprietorship or ownership and others are conducive to individual rights to withdrawal, management, exclusion and alienation. Many of the lessons learned from the operation of communal property regimes related to natural resource systems are theoretically relevant to the understanding of a wide diversity of property regimes that are extensively used in modern societies." en_US
dc.publisher Edward Elgar en_US
dc.relation.ispartof Encyclopedia of Law and Economics, Vol. II: Civil Law and Economics en_US
dc.subject common pool resources--theory en_US
dc.subject property rights en_US
dc.subject Workshop en_US
dc.subject core commons en_US
dc.title Private and Common Property Rights en_US
dc.type Book Chapter en_US
dc.type.published published en_US
dc.subject.sector General & Multiple Resources en_US
dc.subject.sector Global Commons en_US
dc.identifier.citationpages 332-379 en_US
dc.identifier.citationpubloc Cheltenham, England en_US
dc.submitter.email rshivakoti@yahoo.com en_US

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