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We delineate the various ways in which rights to environmental and other resources can be assigned to individuals or groups. We then examine models of individual and group interactions, drawing out their implications for the ways in which resources will be utilized and managed under various...
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1. Environmental wrongs -- 2. Externalities and the environment -- 3. Property rights for pollution -- 4. Property …
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externalities. Samuelson (1954) laid out the conditions for optimal pure public goods provision, but noted that free-riding (the …, government intervention is unnecessary. Under the conditions underlying the Coase Theorem, externalities would be self … to the controversy here by describing a previously unexplored relationship between externalities, public goods, and …
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