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Date: | Fri Mar 31 17:18:30 2006 |
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================= HES POSTING =================
Pat,
Well, Garrett Hardin's influential article appeared in the early 1960s.
It drew in turn from the 1954 article in the Journal of Political Economy
by H. Scott Gordon, "Economic Theory of a Common-Property Resource." That
dealt with the problem of overharvesting of fisheries and is used in many
environmental econ textbooks as a paradigmatic example of a certain kind
of externality, although neither that article nor Hardin's used that term.
It has since become known that the relevant issue in question is that of
open versus limited access and that "common property" owners may well be
able to institute regimes to control or limit access. Dan Bromley of this
list has written extensively and authoritatively on this topic. A key
early paper on this was Ciriacy-Wantrup, S.V. and Richard C. Bishop,
"'Common Property' as a Concept in Natural Resources Policy," _Natural
Resources Journal_, 1975, vol. 15, pp. 713-727.
Barkley Rosser
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