Fiche du document
2017
- handle: 10670/1.e1ot78
- hal: hal-01615939
- PRODINRA: 409690
info:eu-repo/semantics/OpenAccess
Mots-clés
spatial management regime shift renewable ressources property rights renewable resources adaptation au changement climatique droit de propriété ressource renouvelable gestion de l'espaceSujets proches
Conation Volition Cetanā Trading, Stock Common stocks Stock offerings Stock issues Equity financing Stock trading Common shares Equity capital Shares of stock Equities Ownership of property Right of private ownership of property Private property, Right of Right of property--Law and legislation Right of private property Private ownership of property, Right of Right to property Property, Right of Property rights Renewable natural resources--Economic aspects Natural resources, Renewable Renewable resources Resources, Renewable natural Property--Law and legislation Recreations Administration Funds Funding Distribution, Cooperative Cooperative distribution Cooperative movement Concessions--Law and legislation Communal lands Commons--Law and legislation Common lands Communal land Finance, commerce, confiscations, etcCiter ce document
Christopher Costello et al., « Extracting spatial resources under possible regime shift », Archive Ouverte d'INRAE, ID : 10670/1.e1ot78
Métriques
Partage / Export
Résumé
We examine theoretically a system of spatially-connected natural resource concessions with limited tenure. The resource migrates around the system and thus induces a spatial externality, so complete decentralization will not solve the tragedy of the commons. We analyze a system in which conces-sions can be renewed, but only if their owners maintain resource stocks above a pre-defined target. We show that this instrument improves upon the decentralized property right solution and can replicate (under general conditions) the socially optimal extraction path in every patch, in perpetuity. The duration of tenure and the dispersal of the resource play pivotal roles in whether this instrument achieves the socially optimal outcome, and sustains cooperation of all concessionaires.