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The Commons and the State: Regulating Overexploitation

In: The International Regulation of Extinction

Author

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  • Timothy M. Swanson

    (University of Cambridge)

Abstract

The overexploitation of renewable resources has been explained as the result of ‘open access’ conditions applied to a common resource. This analysis was initially developed by Gordon (1954), but then generally adopted by most other analysts of the overexploitation problem (see, e.g., Clark, 1976). Open access has been accepted as a fundamental explanation of the problem of overexploitation.

Suggested Citation

  • Timothy M. Swanson, 1994. "The Commons and the State: Regulating Overexploitation," Palgrave Macmillan Books, in: The International Regulation of Extinction, chapter 5, pages 116-147, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-12985-0_5
    DOI: 10.1007/978-1-349-12985-0_5
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