This report is about the search for an economically efficient and equitable system of defining, allocating, and managing use of natural resources that proves to be robust. Robust in the sense that the fundamental principles and foundations upon which it is based remains unchanged over time. We focus on the notion of “interests” in natural resources, and obligations associated with use. We search for a generic robust approach to the definition of interests, rights and use obligations that sits comfortably within an economically efficient trading system. Pricing and charging issues and the question of how to convert from existing systems to the proposed one are left for subsequent reports.
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Paper provided by Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia in its series Natural Resource Management Economics with number
02_004.
Length: 48 pages Date of creation: Sep 2002 Date of revision: Handle: RePEc:csi:report:02_004
Note: Vol.1-Main Report, Vol.2-Appendices Contact details of provider: Postal: Policy & Economic Research Unit, CSIRO Land and Water, PMB2, Glen Osmond, South Australia 5064 Phone: +61+8+83038419 Fax: +61+8+83038582 Email: Web page: http://www.clw.csiro.au/research/peru/ More information through EDIRC
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