In order to reduce the rate of human-induced biodiversity loss of wild species, it has become increasingly important to stem this loss on private and tribal lands and to find effective policies to do this. Some writers believe that granting landholders commercial property rights in wildlife...

The long-term success of the Basin Plan and the Buy-Back will be judged by the capacity of the allocated public funding to deliver water to the environment, potable water supplies for the community and water for irrigation. Water property rights in the Murray-Darling Basin can be divided into...

Poverty incidence is one of the most critical concerns in Botswana and the government has resolved to eradicate this problem and ensure that every citizen live in a dignified and acceptable condition consistent with the national aspirations as set out in the National Vision 2016. Currently,...

In many resource management problems, the starting point is one involving a large number of users with imprecisely defined rights and an aggregate rate of resource use that is environmentally unsustainable. One possible policy response is to make formal or informal contracts with users, under...

The relative merits of different property right systems to allocate water among different extractive uses where variability of supply is important are evaluated. Three systems of property rights are considered. In the first, variable supply is dealt with through the use of water rights defined...

To mitigate environmental damage from the over allocation of water property rights to irrigation in Australia’s Murray-Darling Basin, the Federal Government has introduced a Buy-Back policy. However, the conjunctive nature of water resources in the Murray- Darling Basin is highly variable....

The purpose of this article is to provide a framework for discussion of the current policy issues surrounding management of the Great Artesian Basin, with reference to the historical development of existing legislation and institutions. Of particular interest is the applicability of lessons...

Posner adopted the economic principle of wealth maximization as a guiding principle for the dispensation of justice. This resulted in his endorsing the Kaldor-Hicks principle (also known as the potential Paretian improvement principle) as a basis for just laws. This article explores whether this...

This paper discusses regulation of rural land-use and compensation, both of which appear to have become more common but also more disputed. The implications of contemporary theories in relation to this matter are examined. Coverage includes the applicability of new welfare economics, the...

Outlines major social and ecological issues involved in the coevolution of social and ecological systems by initially reviewing relevant aspects of the recent literature relating to economic development and their implications for agricultural development. Coevolutionary qualitative-type models...