Market failure, perception and logic of the commons. Case: Sierra Nevada National Park, Venezuela

José Miguel Sánchez ()
Additional contact information
José Miguel Sánchez: Doctor en Economía de los Recursos Naturales y el Desarrollo Sostenible de la Universidad Nacional Autónoma de México. Profesor del Instituto de Investigaciones Económicas y Sociales, Universidad de Los Andes, Mérida, Venezuela. Teléfono: +58-274-2401081.

Economía, 2018, vol. 43, issue 45, 73-103

Abstract: Garrett Hardin’s approach, Tragedy of the Commons, has led to the generalization and oblivion of the conditions and assumptions under which open access resources tend to be degraded as a result of their logic or dilemma. This paper aims to reinterpret many of the causes that, according to hardinian and post-hardinian literature, lead to the degradation of natural resources. Economic theory provides the analytical tools needed to propose policies and programs for the management of natural areas such as the Sierra Nevada National Park.

Keywords: Market failure; common resources; open access resources; Tragedy of the Commons. (search for similar items in EconPapers)
JEL-codes: Q21 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
ftp://iies.faces.ula.ve/Pdf/Revista45/Rev45Sanchez.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ula:econom:v:43:y:2018:i:45:p:73-103

Access Statistics for this article

Economía is currently edited by Dyanna María Ruíz Uzcátegui and Yibeli Emilia Briceño Carrero

More articles in Economía from Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela Facultad de Ciencias Económicas y Sociales. Instituto de Investigaciones Económicas y Sociales. Campus Universitario Liria, Edificio G, Tercer Nivel. Mérida 5101, Estado Mérida, Venezuela. Contact information at EDIRC.
Bibliographic data for series maintained by Alexis Vásquez ().