Law & Economics Approach to the Study of Integrated Management Regimes of Estuaries

Abstract

"In this working paper a first attempt is undertaken to adapt the Schlager & Ostrom 'Bundle of rights' framework, so that it is applicable in situations of multiple-commons with a coordinating role for the government and/or NGO's. For this purpose, two new types of ownership are added to the framework, namely the trustee and the steward."