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Politics, Property Rights, and Cottage Development

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  • Roger L. Beck
  • Donald Hussey

Abstract

This paper explores recreational land use planning issues, giving special attention to the applicability of benefit/cost analysis and the economics of property rights. The analysis suggests that the political process does not function as well as is often assumed, and an explanation is offered based on the public choice theory of government. An Alberta plan for its major water-based recreational resources is used to illustrate generalizations about recreational land use planning and the political process.

Suggested Citation

  • Roger L. Beck & Donald Hussey, 1989. "Politics, Property Rights, and Cottage Development," Canadian Public Policy, University of Toronto Press, vol. 15(1), pages 25-33, March.
    • Handle: RePEc:cpp:issued:v:15:y:1989:i:1:p:25-33
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    References listed on IDEAS

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    1. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    2. Kahneman, Daniel & Knetsch, Jack L & Thaler, Richard, 1986. "Fairness as a Constraint on Profit Seeking: Entitlements in the Market," American Economic Review, American Economic Association, vol. 76(4), pages 728-741, September.
    3. Douglas A. Greenley & Richard G. Walsh & Robert A. Young, 1981. "Option Value: Empirical Evidence from a Case Study of Recreation and Water Quality," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 96(4), pages 657-673.
    4. George Lermer & W. T. Stanbury, 1985. "Measuring the Cost of Redistributing Income by Means of Direct Regulation," Canadian Journal of Economics, Canadian Economics Association, vol. 18(1), pages 190-207, February.
    5. Richard G. Walsh & John B. Loomis & Richard A. Gillman, 1984. "Valuing Option, Existence, and Bequest Demands for Wilderness," Land Economics, University of Wisconsin Press, vol. 60(1), pages 14-29.
    6. William D. Schulze & Ralph C. d'Arge & David S. Brookshire, 1981. "Valuing Environmental Commodities: Some Recent Experiments," Land Economics, University of Wisconsin Press, vol. 57(2), pages 151-172.
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