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What is Common-Property Resources

Encyclopedia of Business Analytics and Optimization
Resources, such as fisheries located outside territorial waters and the atmosphere, over which private property rights cannot be exercised so that users enjoy free access (non-exclusion), but the consumption of which reduces the supply to others (rivalrous in consumption).
Published in Chapter:
Project Appraisal Techniques
Tony Jackson (University of Dundee, Scotland, UK)
Copyright: © 2014 |Pages: 13
DOI: 10.4018/978-1-4666-5202-6.ch172
Full Text Chapter Download: US $37.50 Add to Cart
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