Question Home

Position:Home>General - Arts & Humanities > Common Property Resources vs Privatization??


Question:

Common Property Resources vs Privatization??

Is there anyone who knows the difference bw the traditional concept of the common property resources (CPR) and the land reforms aiming at privatization?? I am stuck with the paper, deadline is today, and the professor wrote to me that he does not see the link, well I do not get it straight either!! Please help!! Any idea is very welcome!

Thanks!


Best Answer - Chosen by Asker:

CPR is a cause of many environmental problems such as overfishing, deforestation, global warming, etc. The tragedy of the commons explains how privatization and well-defined property rights is crucial for preventing over-exploitation of a resource. These links might be helpful.

http://www.econlib.org/library/enc/trage...

http://www.independent.org/newsroom/arti...