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Understanding The Global Commons

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  • Bromley, Daniel W.
  • Cochrane, Jeffrey A.

Abstract

We want to clarify the way in which we think about the global commons, particularly the problem of global warming caused by greenhouse gas emissions and tropical deforestation. We develop a policy framework in which the policy goal is the sustainability of the earth's ability to absorb greenhouse gases. The framework considers the unequal incidence of benefits and costs of particular policies. We identify several resource management regimes and suggest that management under a common property regime is most appropriate. We conclude by identifying and briefly discussing types of policies that can achieve sustainability.

Suggested Citation

  • Bromley, Daniel W. & Cochrane, Jeffrey A., 1994. "Understanding The Global Commons," Working Papers 11890, Environmental and Natural Resources Policy Training Project.
    • Handle: RePEc:ags:epatwp:11890
    DOI: 10.22004/ag.econ.11890
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    References listed on IDEAS

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    1. Kronman, Anthony T, 1985. "Contract Law and the State of Nature," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 1(1), pages 5-32, Spring.
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    Cited by:

    1. Ana María Peredo & Helen M. Haugh & Marek Hudon & Camille Meyer, 2020. "Mapping Concepts and Issues in the Ethics of the Commons: Introduction to the Special Issue," Journal of Business Ethics, Springer, vol. 166(4), pages 659-672, November.
    2. Graham Moor & W Lieb Nieuwoudt, 1998. "Tenure security and productivity in small-scale agriculture in Zimbabwe: Implications for South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 15(4), pages 609-620.

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    Environmental Economics and Policy;

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