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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/2584

Title: The Tragedy of the Anti-Commons: A New Problem. An Application to the Fisheries
Authors: Filipe, José António
Ferreira, Manuel Alberto M.
Coelho, Manuel
Keywords: Anti-Commons Theory
Property Rights
Issue Date: 2007
Publisher: ISEG – Departamento de Economia
Citation: Filipe, José António, Manuel Alberto M. Ferreira e Manuel Coelho. 2007. "The Tragedy of the Anti-Commons: A New Problem. An Application to the Fisheries". Instituto Superior de Economia e Gestão - DE Working papers nº 16-2007/DE/SOCIUS
Series/Report no.: DE Working papers;nº 16-2007/DE/SOCIUS
Abstract: The operation and management of common property resources ("the commons") have been exhaustively examined in economics and political science, both in formal analysis and in practical applications. "Tragedy of the Commons" metaphor helps to explain why people overuse shared resources. On the other side, Anti-Commons Theory is a recent theory presented by scientists to explain several situations about new Property Rights concerns. An "anti-commons" problem arises when there are multiple rights to exclude. Little attention has been given to the setting where more than one person is assigned with exclusion rights, which may be exercised. We analyze the "anti-commons" problem in which resources are inefficiently under¬utilized rather than over-utilized as in the familiar commons setting. In fact, these two problems are symmetrical in several aspects.
URI: http://hdl.handle.net/10400.5/2584
ISSN: 0874-4548
Publisher version: https://aquila1.iseg.utl.pt/aquila/getFile.do?method=getFile&fileId=26487
Appears in Collections:SOCIUS - Documentos de Trabalho / SOCIUS - Working Papers
DE - Documentos de trabalho / Working Papers

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