REGNRSG 105 Lecture Notes - Lecture 11: De Jure, Artisanal Fishing, De Facto
Document Summary
Ps: how does the tragedy of the commons relate to sustainable development: define commons (examples) Commons: common-property resources (fisheries, wildlife, surface and groundwater, range and forests). They are a class of resources for which exclusion is difficult and joint use involved subtractability. In order to facilitate analysis we define four categories of property rights within which common- property resources are held: open access, private property, communal property, and state property. Common-property: a class of resources for which exclusion is difficult and joint use involves subtractability. It is important distinguish between de facto and de jure regimes. De jure: fisheries within the 200-mile limit are state property. The tragedy of the commons (according to william foster lloyd): the essence of dramatic tragedy is not unhappiness. It resides in the solemnity of the remorseless working of things the inevitableness of destiny can only be illustrated in terms of human life by incidents which in fact involve unhappiness.