Common Property Economics

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Common Property Economics

Author : Glenn G. Stevenson
Publisher : Cambridge University Press
ISBN 13 : 9780521384414
Total Pages : 272 pages
Book Rating : 4.3/5 (844 download)

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Book Synopsis Common Property Economics by : Glenn G. Stevenson

Download or read book Common Property Economics written by Glenn G. Stevenson and published by Cambridge University Press. This book was released on 1991-08-30 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Swiss alpine grazing commons are contrasted with grazing in the English open field system. Statistical work using Swiss data compares the performance of common property with private property. Whether it be fisheries, grazing land, oil and gas pools, groundwater, or wildlife, group use of natural resources has long received the blame for overexploitation and mismanagement. In this book two types of group use are identified: open access and common property. Open access refers to resource utilization without any controls on extraction rates, a situation in which resource overexploitation often occurs. On the other hand, "common property" is a term that ought to be reserved for group use in which outside access and user extraction rates are controlled.

Common Property Economics

Author : Glenn G. Stevenson
Publisher : Cambridge University Press
ISBN 13 : 0521384419
Total Pages : 272 pages
Book Rating : 4.5/5 (213 download)

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Book Synopsis Common Property Economics by : Glenn G. Stevenson

Download or read book Common Property Economics written by Glenn G. Stevenson and published by Cambridge University Press. This book was released on 1991-08-30 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 and empirically tests the property in comparison with private property. Group use of natural resources has often received the blame for overexploitation and mismanagement, whether of fisheries, grazing land, oil and gas pools, groundwater, or wildlife. In this book two types of group use are identified: open access and utilization without any controls on extraction rates, a situation in which resource overexploitation often occurs. In contrast, common property refers to the situation where the group controls the access to and extraction rates of the resource. The common property solutions differ from those associated with open access. The nonoptimality of open access is demonstrated with graphic, game theoretic, and mathematical models. The necessary and sufficient conditions for common property to overcome the difficulties of open access are examined. Stevenson discusses historical examples, the basis in legal concepts, the contrast with public goods, the formation, and the stability of common property. In a detailed, empirical study of alpine grazing in Switzerland, the author compares the performance of common property with that of private property. He also notes the similarity in structure between the Swiss grazing commons and the English open field system.

Common Property Economics

Author : Glenn G. Stevenson
Publisher :
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.:/5 (131 download)

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Book Synopsis Common Property Economics by : Glenn G. Stevenson

Download or read book Common Property Economics written by Glenn G. Stevenson and published by . This book was released on 1991 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Property Rights

Author : Terry L. Anderson
Publisher : Princeton University Press
ISBN 13 : 9780691099989
Total Pages : 412 pages
Book Rating : 4.0/5 (999 download)

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Book Synopsis Property Rights by : Terry L. Anderson

Download or read book Property Rights written by Terry L. Anderson and published by Princeton University Press. This book was released on 2003 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the end, the book provides a fresh, comprehensive overview of an intriguing subject, accessible to anyone with a minimal background in economics. (An introductory chapter introduces the handful of assumptions embedded in the text's economics and law).

Land Resource Economics and Sustainable Development

Author : G. Cornelis Van Kooten
Publisher : UBC Press
ISBN 13 : 0774844566
Total Pages : 463 pages
Book Rating : 4.7/5 (748 download)

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Book Synopsis Land Resource Economics and Sustainable Development by : G. Cornelis Van Kooten

Download or read book Land Resource Economics and Sustainable Development written by G. Cornelis Van Kooten and published by UBC Press. This book was released on 2011-11-01 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This text seeks to provide an introduction to issues of land use and the economic tools that are used to resolve land-use conflicts. In particular, tools of economic analysis are used to address allocation of land among alternative uses in such a way that the welfare of society is enhanced. Thus, the focus is on what is best for society and not what is best for an individual, a particular group of individuals, or a particular constituency. What this text seeks to provide is a balanced and just approach to decision-making concerning allocation of land.' -- from the Introduction

A Course in Public Economics

Author : John Leach
Publisher : Cambridge University Press
ISBN 13 : 9780521535670
Total Pages : 444 pages
Book Rating : 4.5/5 (356 download)

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Book Synopsis A Course in Public Economics by : John Leach

Download or read book A Course in Public Economics written by John Leach and published by Cambridge University Press. This book was released on 2004 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2004 textbook explores how markets operate and governments' roles in addressing market failures.

The Economics of Property and Planning

Author : Graham Squires
Publisher : Routledge
ISBN 13 : 1000481603
Total Pages : 220 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis The Economics of Property and Planning by : Graham Squires

Download or read book The Economics of Property and Planning written by Graham Squires and published by Routledge. This book was released on 2021-11-29 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the interlocking disciplines of property and planning to economic theory and practice. Unlike any other available textbook, The Economics of Property and Planning skilfully introduces the reader to the interplay between property and planning using an economic lens. As resources become scarce, there is a growing need for students to understand the principles of economics in property and planning, especially given the rapid social, environmental, technological, and political changes that are shaping places. The book begins with an outline of key economists and economic problems, then resources and scarcity, before examining macro- and microeconomic factors at play in property and planning. Furthermore, this book covers a variety of topics, including spatial and locational modelling, fiscal approaches to redistribution, regeneration and renewal, and transport and infrastructure financing. There is also a particular focus on contemporary issues such as climate change, environmental limits to economic growth, sustainability and resilience, and affordable housing. This book also introduces practical evaluation tools and appraisal, plus a look at property and planning with respect to macroeconomic objectives, policy, and new directions. With property and planning essential factors in economic thinking and doing, this book provides insight into what future places will look like in real terms and how they will be shaped by policy. Targeted disciplines for this book include Economics, Planning, Property, Construction, Geography, Environmental Management, Sustainability, Housing, Built Environment, Land Economy, Urban Studies, Regional Studies, and Public Policy.

Rethinking the Economics of Land and Housing

Author : Josh Ryan-Collins
Publisher : Zed Books Ltd.
ISBN 13 : 1786991217
Total Pages : 306 pages
Book Rating : 4.7/5 (869 download)

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Book Synopsis Rethinking the Economics of Land and Housing by : Josh Ryan-Collins

Download or read book Rethinking the Economics of Land and Housing written by Josh Ryan-Collins and published by Zed Books Ltd.. This book was released on 2017-02-28 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.

Contracting for Property Rights

Author : Gary D. Libecap
Publisher : Cambridge University Press
ISBN 13 : 9780521449045
Total Pages : 148 pages
Book Rating : 4.4/5 (49 download)

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Book Synopsis Contracting for Property Rights by : Gary D. Libecap

Download or read book Contracting for Property Rights written by Gary D. Libecap and published by Cambridge University Press. This book was released on 1993 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: The histories of rights to minerals, range, timber land, fishery and crude oil production in the U.S. are examined to reveal the problems encountered in negotiations among claimants and the political and economic considerations that influence property rights arrangements.

Governing the Commons

Author : Elinor Ostrom
Publisher : Cambridge University Press
ISBN 13 : 1107569788
Total Pages : 297 pages
Book Rating : 4.1/5 (75 download)

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Book Synopsis Governing the Commons by : Elinor Ostrom

Download or read book Governing the Commons written by Elinor Ostrom and published by Cambridge University Press. This book was released on 2015-09-23 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tackles one of the most enduring and contentious issues of positive political economy: common pool resource management.

The Wealth of the Commons

Author : David Bollier
Publisher : Levellers Press
ISBN 13 : 1937146146
Total Pages : 752 pages
Book Rating : 4.9/5 (371 download)

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Book Synopsis The Wealth of the Commons by : David Bollier

Download or read book The Wealth of the Commons written by David Bollier and published by Levellers Press. This book was released on 2014-05-23 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are poised between an old world that no longer works and a new one struggling to be born. Surrounded by centralized hierarchies on the one hand and predatory markets on the other, people around the world are searching for alternatives. The Wealth of the Commons explains how millions of commoners have organized to defend their forests and fisheries, reinvent local food systems, organize productive online communities, reclaim public spaces, improve environmental stewardship and re-imagine the very meaning of "progress" and governance. In short, how they've built their commons. In 73 timely essays by a remarkable international roster of activists, academics and project leaders, this book chronicles ongoing struggles against the private commoditization of shared resources - often known as market enclosures - while documenting the immense generative power of the commons. The Wealth of the Commons is about history, political change, public policy and cultural transformation on a global scale - but most of all, it's about individual commoners taking charge of their lives and their endangered resources. "This fine collection makes clear that the idea of the Commons is fully international, and increasingly fully worked-out. If you find yourself wondering what Occupy wants, or if some other world is possible, this pragmatic, down-to-earth, and unsentimental book will provide many of the answers." - Bill McKibben, author of Deep Economy: The Wealth of Communities and The Durable Future

Private and Common Property

Author : Richard A. Epstein
Publisher : Routledge
ISBN 13 : 113676559X
Total Pages : 410 pages
Book Rating : 4.1/5 (367 download)

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Book Synopsis Private and Common Property by : Richard A. Epstein

Download or read book Private and Common Property written by Richard A. Epstein and published by Routledge. This book was released on 2013-10-08 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 2000. The materials in this collection are drawn from many disciplines, including economics, law, philosophy and political science. Yet they are all directed to a topic that is worthy of examination from multiple perspectives: Liberty, Property and the Law. Stated in this general form, this topic is as broad as law itself. Lawyers must have recourse to the grand principles of economic and social thought, but tempered with an awareness of how the novel circumstances of an individual case can call into question some of the elements of the grandest of theories. In this volume, therefore, the emphasis is as much on the points that separate different forms of property as it is on the conceptual theme that links all forms of property rights together.

Ownership Economics

Author : Gunnar Heinsohn
Publisher : Routledge
ISBN 13 : 1135131899
Total Pages : 226 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Ownership Economics by : Gunnar Heinsohn

Download or read book Ownership Economics written by Gunnar Heinsohn and published by Routledge. This book was released on 2013-04-02 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the first full-length explanation in English of Heinsohn and Steiger's groundbreaking theory of money and interest, which emphasizes the role played by private property rights. Ownership economics gives an alternative explanation of money and interest, proposing that operations enabled by property lead to interest and money, rather than exchange of goods. Like any other approach, it has to answer economic theory's core question: what is the loss that has to be compensated by interest? Ownership economics accepts neither a temporary loss of goods, as in neoclassical economics, nor Keynes's temporary loss of already existing, exogenous money as the cause of interest. Rather, money is created as a non-physical title to property in a credit contract secured by a debtor's collateral and the creditor's net worth. This book is an edited English translation of a highly successful German text, and offers the first book-length treatment of a theory which has received much interest since its first appearance in articles in the late 1970s.

Economics and Property

Author : Danny Myers
Publisher : Taylor & Francis
ISBN 13 : 113640886X
Total Pages : 201 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Economics and Property by : Danny Myers

Download or read book Economics and Property written by Danny Myers and published by Taylor & Francis. This book was released on 2012-06-25 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text focuses on the introduction of economic principles to provide an understanding of the commercial and residential property sectors and the markets for development, construction and occupation of property. Economics and Property supports students following property economics courses leading to a career in the property profession. Experience suggests that economics can initially be perceived as challenging; this book makes the subject clear and comprehensible. Extracts and examples from the Estates Gazette and its electronic archive EGi are used to provide examples and raise questions for discussion. Glossaries, key learning points and a clear layout make this book the best introduction to economics for the property profession.

Economics of Property Management: The Building as a Means of Production

Author : Herman Tempelmans Plat
Publisher : Routledge
ISBN 13 : 1136408789
Total Pages : 210 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Economics of Property Management: The Building as a Means of Production by : Herman Tempelmans Plat

Download or read book Economics of Property Management: The Building as a Means of Production written by Herman Tempelmans Plat and published by Routledge. This book was released on 2012-06-25 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic analysis of a building is a complex subject and traditionally it has focused on a single aspect of the structure or a single part of the construction process. Dr Tempelmans Plat is a leading proponent of a new methodology which focuses on the building as a stock of services to be supplied over a long lifespan. This method is more realistic since it takes into account the changes in use and the adaptation of the building over its life. This book will be the first to make this method comprehensible to a wide audience of postgraduate students and professionals in the field of construction economics.

Handbook of Environmental Economics

Author : Karl-Goran Maler
Publisher : Elsevier
ISBN 13 : 0080495095
Total Pages : 574 pages
Book Rating : 4.0/5 (84 download)

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Book Synopsis Handbook of Environmental Economics by : Karl-Goran Maler

Download or read book Handbook of Environmental Economics written by Karl-Goran Maler and published by Elsevier. This book was released on 2003-05-20 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Environmental Economics focuses on the economics of environmental externalities and environmental public goods. Volume I examines environmental degradation and policy responses from a microeconomic, institutional standpoint. Its perspective is dynamic, including a consideration of the dynamics of natural systems, and global, with attention paid to issues in both rich and poor nations. In addition to chapters on well-established topics such as the theory and practice of pollution regulation, it includes chapters on new areas of environmental economics research related to common property management regimes; population and poverty; mechanism design; political economy of regulation; experimental evaluations of policy instruments; and technological change.

Economics, Real Estate and the Supply of Land

Author : Alan W. Evans
Publisher : John Wiley & Sons
ISBN 13 : 0470698322
Total Pages : 272 pages
Book Rating : 4.4/5 (76 download)

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Book Synopsis Economics, Real Estate and the Supply of Land by : Alan W. Evans

Download or read book Economics, Real Estate and the Supply of Land written by Alan W. Evans and published by John Wiley & Sons. This book was released on 2008-04-30 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book draws together the economic literature relating to the supply of land for development. The standard view appears to be that the owners of land have no interest other than to allow their land to be used for the activity which would yield the highest income. But in reality this is not so and the book's aim is to demonstrate this, to set out the reasons and to show the economic effects of the fact that landowners have other motives. The book covers the supply of land for urban development and shows how land has characteristics which differentiate it from other factors of production which will also affect its supply for some uses, e.g. land is fixed in location and its price and value are inseparable from where it is. New light is cast on the market for land (by concentrating on the supply side), and on land use planning (by taking an economic viewpoint).