Search Results - "Libecap, Gary D"
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tragedy of the commons: property rights and markets as solutions to resource and environmental problems
Published in The Australian journal of agricultural and resource economics (01-01-2009)“…In one way or another, all environmental and natural resource problems associated with overexploitation or under provision of public goods, arise from…”
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Addressing Global Environmental Externalities: Transaction Costs Considerations
Published in Journal of economic literature (01-06-2014)“…Is there a way to understand why some global environmental externalities are addressed effectively, whereas others are not? The transaction costs of defining…”
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Small Farms, Externalities, and the Dust Bowl of the 1930s
Published in The Journal of political economy (01-06-2004)“…We provide a new and more complete analysis of the origins of the Dust Bowl of the 1930s, one of the most severe environmental crises in North America in the…”
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Institutional Path Dependence in Climate Adaptation: Coman's "Some Unsettled Problems of Irrigation"
Published in The American economic review (01-02-2011)“…Katharine Coman's "Some Unsettled Problems of Irrigation," published in March 1911 in the first issue of the American Economic Review, addressed issues of…”
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Addressing Marine and Coastal Governance Conflicts at the Interface of Multiple Sectors and Jurisdictions
Published in Frontiers in Marine Science (11-09-2020)“…Marine and coastal activities are closely interrelated, and conflicts among different sectors can undermine management and conservation objectives. Governance…”
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The Demarcation of Land and the Role of Coordinating Property Institutions
Published in The Journal of political economy (01-06-2011)“…We use a natural experiment in nineteenth-century Ohio to analyze the economic effects of two dominant land demarcation regimes, metes and bounds (MB) and the…”
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Advancing ocean ecosystem conservation via property rights, rather than marine protected areas (MPAs)
Published in Maritime studies (01-06-2024)“…There is demand to protect at-risk fish species and ecosystems. Property rights regimes can be superior to spatial controls via Marine Protected Areas (MPAs)…”
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Collective Action by Contract: Prior Appropriation and the Development of Irrigation in the Western United States
Published in The Journal of law & economics (01-02-2019)“…We analyze the economic characteristics of prior-appropriation water rights adopted across the US West in the 19th century. Much of the region’s massive…”
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Efficiency Advantages of Grandfathering in Rights-Based Fisheries Management
Published in Annual review of resource economics (01-01-2011)“…We show that grandfathering fishing rights to local users or recognizing first possessions is more dynamically efficient than auctions of such rights. It is…”
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Land Reform Policies, the Sources of Violent Conflict, and Implications for Deforestation in the Brazilian Amazon
Published in Journal of environmental economics and management (01-03-2000)“…We examine land reform policies and their implications for violent conflict and resource use in the Brazilian Amazon. We identify the protagonists (land owners…”
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How transaction costs obstruct collective action: The case of California's groundwater
Published in Journal of environmental economics and management (01-09-2018)“…Collective action to remedy the losses of open access to common-pool resources often is late and incomplete, extending rent dissipation. Examples include…”
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Property Rights to Land and Agricultural Organization: An Argentina–United States Comparison
Published in The Journal of law & economics (01-02-2022)“…The contributions of Harold Demsetz offer key insights on how property rights and transaction costs shape economic organization. These guide our comparison of…”
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Property rights and the public trust doctrine in environmental protection and natural resource conservation
Published in The Australian journal of agricultural and resource economics (2009)“…We examine the implications of the public trust doctrine in natural resource protection and conservation. A model of litigation and settlement among disputing…”
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Cross-sectoral externalities related to natural resources and ecosystem services
Published in Ecological economics (01-06-2021)“…Standard approaches to environmental and natural resource use externalities generally focus on single-sector resources and user groups. Remedies include…”
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The Assignment of Property Rights on the Western Frontier: Lessons for Contemporary Environmental and Resource Policy
Published in The Journal of economic history (01-06-2007)“…I examine the assignment of private property rights during the nineteenth and early twentieth centuries to five natural resources on federal lands in the Far…”
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The Economic Evolution of Petroleum Property Rights in the United States
Published in The Journal of legal studies (01-06-2002)“…We examine Harold Demsetz’s prediction that property rights emerge as the benefits of doing so exceed the costs in the context of oil and gas resources in the…”
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Endogenous First-Possession Property Rights in Open-Access Resources
Published in Iowa law review (01-08-2015)“…This Essay examines the emergence of spontaneous claims to inframarginal rents in open-access resources. Although early models of open-access in economics…”
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Chinatown Revisited: Owens Valley and Los Angeles—Bargaining Costs and Fairness Perceptions of the First Major Water Rights Exchange
Published in Journal of law, economics, & organization (01-10-2009)“…I examine a complicated bargaining problem in the acquisition of private land and water rights by Los Angeles in Owens Valley. This is a pivotal episode in the…”
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THE CRITICAL ROLE OF MARKETS IN CLIMATE CHANGE ADAPTATION
Published in Climate change economics (01-02-2019)“…Markets, especially land markets, can facilitate climate change adaptation through price signals. A review of research reveals that urban, coastal, and…”
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Regulatory Remedies to the Common Pool: The Limits to Oil Field Unitization
Published in The Energy journal (Cambridge, Mass.) (01-01-2001)“…We examine the potential inability of voluntary unitization to remedy common property losses associated with oil field development. Unlike the traditional…”
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