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La sobreexplotación de lo colectivo y la solución del único propietario
[Overexploitation of commons and the sole ownership solution]

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  • Fuentes Castro, Daniel

Abstract

The sole ownership solution is an incentive to conserve collective goods but at the same time it can induce a lost of social utility. In the present work the sole ownership solution is analyzed and a synthesis of the problems of inefficiency associated with the exploitation of collective goods is presented. This paper focuses on the following factors: i) the behaviour of economic agents regarding the social cost linked to the exploitation of collective goods; ii) the market power of the firms exploiting them; iii) the pressure of the demand on the goods.

Suggested Citation

  • Fuentes Castro, Daniel, 2007. "La sobreexplotación de lo colectivo y la solución del único propietario [Overexploitation of commons and the sole ownership solution]," MPRA Paper 51756, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:51756
    as

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    File URL: https://mpra.ub.uni-muenchen.de/51756/1/MPRA_paper_51756.pdf
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    References listed on IDEAS

    as
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    4. Carlson, Gerald A. & Zilberman, David & Miranowski, John, 1993. "Agricultural and Resource Economics," Staff General Research Papers Archive 11104, Iowa State University, Department of Economics.
    5. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62(2), pages 124-124.
    6. Buchanan, James M & Yoon, Yong J, 2000. "Symmetric Tragedies: Commons and Anticommons," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 1-13, April.
    7. Buchanan, James M & Tullock, Gordon, 1975. "Polluters' Profits and Political Response: Direct Controls Versus Taxes," American Economic Review, American Economic Association, vol. 65(1), pages 139-147, March.
    8. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249, November.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Bienes colectivos; bienes comunes; bienes públicos; sobreexplotación; recursos naturales; externalidades;
    All these keywords.

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General

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