Common Property Economics

Name: Common Property Economics: A General Theory and Land Use Applications
Brand: Cambridge University Press
SKU: 9780521384414
Price: 5313.00 INR
Availability: InStock

A General Theory and Land Use Applications

by Glenn G. Stevenson, Stevenson Glenn G.

Cambridge University Press

₹5,313

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From the publisher

Common Property Economics defines and clarifies the theoretical distinction between open access and common property and empirically tests the adequacy of resource allocation under common property in comparison with private property. The book presents theoretical models to demonstrate overexploitation under open access. Seven necessary and sufficient conditions differentiate common property from open access.

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