The Commons and the State: Regulating Overexploitation

Timothy Swanson

Chapter 5 in The International Regulation of Extinction, 1994, pp 116-147 from Palgrave Macmillan

Abstract: Abstract The overexploitation of renewable resources has been explained as the result of ‘open access’ conditions applied to a common resource. This analysis was initially developed by Gordon (1954), but then generally adopted by most other analysts of the overexploitation problem (see, e.g., Clark, 1976). Open access has been accepted as a fundamental explanation of the problem of overexploitation.

Keywords: Management Regime; Individual Investment; Tangible Asset; Natural Asset; Individual Incentive (search for similar items in EconPapers)
Date: 1994
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DOI: 10.1007/978-1-349-12985-0_5

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