Property Rights and Social Norms for Managing the Commons

Abdul Matin Karimi (), Abraham García Delgado, Ashrakat El-Amir Soliman and Karen Melissa Sánchez Ramos

MPRA Paper from University Library of Munich, Germany

Abstract: In many of the developing countries, dependency on natural resources is significantly high. From peasants to fishermen and farmers, all of them earn their living from the utility of renewable natural resources such as water, air, farming land, forest, plants, animals and grazing areas (Heltberg, 2002). Given the importance of natural resources for many of the developing countries, it is important to address the issues like the tragedy of the commons, climatic change, pollution, and unsustainable usage of natural resources which might lead to rural poverty, food insecurity, and high rural-urban migration (Heltberg, 2002). Among the major factors mentioned above, this essay will focus on tragedy of the commons, property rights, and natural resource management in developing countries.

Keywords: Property Rights; Tragedy of the Commons; Ostrom’s Principles; Managing the Commons (search for similar items in EconPapers)
JEL-codes: D23 H82 H87 K11 P14 P26 P48 (search for similar items in EconPapers)
Date: 2020-02-13
New Economics Papers: this item is included in nep-agr and nep-env
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https://mpra.ub.uni-muenchen.de/98667/1/MPRA_paper_98667.pdf revised version (application/pdf)

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