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Pollution and Property

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  • Cole,Daniel H.

Abstract

Environmental protection and resource conservation depend on the imposition of property rights (broadly defined) because in the absence of some property system - private, common, or public - resource degradation and depletion are inevitable. But there is no universal, first-best property regime for environmental protection in this second-best world. Using case studies and examples taken from countries around the world, this 2002 book demonstrates that the choice of ownership institution is contingent upon institutional, technological, and ecological circumstances that determine the differential costs of instituting, implementing, and maintaining alternative regimes. Consequently, environmental protection is likely to be more effective and more efficient in a society that relies on multiple (and often mixed) property regimes. The book concludes with an assessment of the important contemporary issue of 'takings', which arise when different property regimes collide.

Suggested Citation

  • Cole,Daniel H., 2002. "Pollution and Property," Cambridge Books, Cambridge University Press, number 9780521001090.
  • Handle: RePEc:cup:cbooks:9780521001090
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    Citations

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    Cited by:

    1. Franklin G. Mixon & Chandini Sankaran, 2019. "Men in Grey Suits: Shark Activity and Congestion of the Surfing Commons," Sustainability, MDPI, vol. 11(11), pages 1-15, June.
    2. Rosete, Alfredo, 2016. "Property, Possession, Incorporation: Another Look at Agribusiness Venture Agreements in the Philippines," UMASS Amherst Economics Working Papers 2016-09, University of Massachusetts Amherst, Department of Economics.
    3. Caballero, Gonzalo, 2015. "Community-based forest management institutions in the Galician communal forests: A new institutional approach," Forest Policy and Economics, Elsevier, vol. 50(C), pages 347-356.
    4. Garrick, Dustin & Whitten, Stuart M. & Coggan, Anthea, 2013. "Understanding the evolution and performance of water markets and allocation policy: A transaction costs analysis framework," Ecological Economics, Elsevier, vol. 88(C), pages 195-205.
    5. Franklin G. Mixon & Steven B. Caudill, 2018. "Guarding giants: resource commons quality and informal property rights in big-wave surfing," Empirical Economics, Springer, vol. 54(4), pages 1697-1715, June.
    6. Syed Arshad Hussain Shah & Syed Akhter Hussain Shah & Mahmood Khalid, 2007. "Incompatibility of Laws and Natural Resources: A Case Study of Land Revenue Laws and Their Implications in Federal Areas of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 46(4), pages 1105-1117.
    7. Daniel Cole & Peter Grossman, 2010. "Institutions matter! Why the Herder Problem is not a Prisoner’s Dilemma," Theory and Decision, Springer, vol. 69(2), pages 219-231, August.
    8. Paavola, Jouni, 2007. "Institutions and environmental governance: A reconceptualization," Ecological Economics, Elsevier, vol. 63(1), pages 93-103, June.
    9. Dustin Garrick & Bruce Aylward, 2012. "Transaction Costs and Institutional Performance in Market-Based Environmental Water Allocation," Land Economics, University of Wisconsin Press, vol. 88(3), pages 536-560.
    10. Oran Young, 2003. "Environmental Governance: The Role of Institutions in Causing and Confronting Environmental Problems," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 3(4), pages 377-393, December.
    11. Franklin Mixon, 2014. "Bad vibrations: new evidence on commons quality and localism at California’s surf breaks," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 61(4), pages 379-397, December.
    12. Linghu, Dazhi & Wu, Xilin & Lai, Kee-Hung & Ye, Fei & Kumar, Ajay & Tan, Kim Hua, 2022. "Implementation strategy and emission reduction effectiveness of carbon cap-and-trade in heterogeneous enterprises," International Journal of Production Economics, Elsevier, vol. 248(C).
    13. Daniel T. Kaffine, 2009. "Quality and the Commons: The Surf Gangs of California," Journal of Law and Economics, University of Chicago Press, vol. 52(4), pages 727-743, November.
    14. Michael Mann & Robert Kaufmann & Dana Bauer & Sucharita Gopal & James Baldwin & Maria Del Carmen Vera-Diaz, 2012. "Ecosystem Service Value and Agricultural Conversion in the Amazon: Implications for Policy Intervention," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(2), pages 279-295, October.
    15. Wim van de Griendt, 2004. "A law & economics approach to the study of integrated management regimes of estuaries," Law and Economics 0408002, University Library of Munich, Germany.
    16. Jean-David Gerber, St phane Nahrath, 2013. "Beitrag zur Entwicklung eines Ressourcenansatzes der Nachhaltigkeit," Diskussionsschriften credresearchpaper03, Universitaet Bern, Departement Volkswirtschaft - CRED.
    17. Franklin G. Mixon, 2018. "Camaraderie, common pool congestion, and the optimal size of surf gangs," Economics of Governance, Springer, vol. 19(4), pages 381-396, November.
    18. Liu, Jing & Qin, Tianbao, 2018. "A Comparative Analysis of Fishing Rights From a Transaction Cost Perspective," Ecological Economics, Elsevier, vol. 153(C), pages 89-99.
    19. Giuseppe Bellantuono, 2014. "The regulatory anticommons of green infrastructures," European Journal of Law and Economics, Springer, vol. 37(2), pages 325-354, April.
    20. James K. Boyce, 2013. "Comment on Khan, Li, and Weisbrot," Chapters, in: Jeannette Wicks-Lim & Robert Pollin (ed.), Capitalism on Trial, chapter 7, Edward Elgar Publishing.
    21. Catherine Alexander, 2012. "Economic Valuations and Environmental Policy," Chapters, in: James G. Carrier (ed.), A Handbook of Economic Anthropology, Second Edition, chapter 26, Edward Elgar Publishing.
    22. Boyce, James K., 2018. "Carbon Pricing: Effectiveness and Equity," Ecological Economics, Elsevier, vol. 150(C), pages 52-61.

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