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Property rights of landholders in non-captive wildlife and prospects for conservation

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  • Tisdell, Clement A.

Abstract

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 might be effective in dealing with this matter and result in the sustainable use of wildlife. This paper explores this view using economic theory. In doing so, it takes into account the total economic valuation concept. While granting of commercial property rights is found to be effective for conserving some species, it is predicted to be a complete failure as a means of conserving other species. In addition, particular attention is given to the economics of the utilisation and conservation of non-captive fugitive (or mobile) wildlife. The economic theory involved is contrasted and compared with that for the exploitation of open-access resources.

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Bibliographic Info

Paper provided by University of Queensland, School of Economics in its series Economics, Ecology and Environment Working Papers with number 48964.

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Date of creation: Aug 2003
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Handle: RePEc:ags:uqseee:48964

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Keywords: biodiversity; fugitive resources; open-access; property rights; wildlife conservation; Environmental Economics and Policy; Land Economics/Use;

References

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  1. Tisdell, Clement A., 2002. "Socioeconomic Causes of Loss of Animal Genetic Diversity: Analysis and Assessment," Economics, Ecology and Environment Working Papers 48741, University of Queensland, School of Economics.
  2. Smith, Vernon L, 1969. "On Models of Commercial Fishing," Journal of Political Economy, University of Chicago Press, vol. 77(2), pages 181-98, March/Apr.
  3. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124.
  4. Anders Skonhoft, 1999. "On the Optimal Exploitation of Terrestrial Animal Species," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 13(1), pages 45-57, January.
  5. Bandara, Ranjith & Tisdell, Clement A., 2003. "Use and non-use values of wild Asian elephants: A total economic valuation approach," Economics, Ecology and Environment Working Papers 48961, University of Queensland, School of Economics.
  6. Clark, Colin W, 1973. "Profit Maximization and the Extinction of Animal Species," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 950-61, July-Aug..
  7. Tisdell, Clement A. & Wilson, Clevo, 2003. "Open-Cycle Hatcheries, Tourism and Conservation of Sea Turtles: Economic and Ecological Analysis," Economics, Ecology and Environment Working Papers 48959, University of Queensland, School of Economics.
  8. Swanson, Timothy M, 1994. "The Economics of Extinction Revisited and Revised: A Generalised Framework for the Analysis of the Problems of Endangered Species and Biodiversity Losses," Oxford Economic Papers, Oxford University Press, vol. 46(0), pages 800-821, Supplemen.
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Cited by:
  1. Tisdell, Clement A., 2003. "Notes on Market Failure and the Paretian (Kaldor-Hicks) Relevance and Irrelevance of Unfavourable Externalities," Economics, Ecology and Environment Working Papers 48970, University of Queensland, School of Economics.
  2. Tisdell, Clement A. & Bandara, Ranjith, 2004. "Tourism as a contributor to development in Sri Lanka: An overview and a case study," Economics, Ecology and Environment Working Papers 48975, University of Queensland, School of Economics.

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