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Free Access versus Private Property in a Resource: Income Distributions Compared

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  • De Meza, David
  • Gould, J R

Abstract

Distributions of income are compared under the alternative regimes of free access to, and private property in, a resource. It is shown that, in several analytically distinct cases, all those deprived of free access on conversion of a resource to private property can be better off, even though no compensating transfers are made. This resu lt can hold even if the granting of private property rights also conf ers monopoly or monopsony power. Copyright 1987 by University of Chicago Press.

Suggested Citation

  • De Meza, David & Gould, J R, 1987. "Free Access versus Private Property in a Resource: Income Distributions Compared," Journal of Political Economy, University of Chicago Press, vol. 95(6), pages 1317-1325, December.
  • Handle: RePEc:ucp:jpolec:v:95:y:1987:i:6:p:1317-25
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    Cited by:

    1. Johansson-Stenman, Olof, 2006. "Optimal environmental road pricing," Economics Letters, Elsevier, vol. 90(2), pages 225-229, February.
    2. Amihai Glazer & Stef Proost, 2007. "The Preferences of Voters Over Road Tolls and Road Capacity," Working Papers 060712, University of California-Irvine, Department of Economics.
    3. repec:eee:pubeco:v:158:y:2018:i:c:p:113-125 is not listed on IDEAS
    4. Glazer, Amihai & Konrad, Kai A., 1993. "Ameliorating congestion by income redistribution," Regional Science and Urban Economics, Elsevier, vol. 23(5), pages 579-584, November.
    5. Baland, Jean-Marie & Francois, Patrick, 2005. "Commons as insurance and the welfare impact of privatization," Journal of Public Economics, Elsevier, vol. 89(2-3), pages 211-231, February.
    6. Bulte Erwin & Horan Richard D., 2010. "Identities in the Commons: The Dynamics of Norms and Social Capital," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-35, February.
    7. Verhoef, Erik T., 2001. "An Integrated Dynamic Model of Road Traffic Congestion Based on Simple Car-Following Theory: Exploring Hypercongestion," Journal of Urban Economics, Elsevier, vol. 49(3), pages 505-542, May.
    8. Verhoef, Erik T., 1999. "Time, speeds, flows and densities in static models of road traffic congestion and congestion pricing," Regional Science and Urban Economics, Elsevier, vol. 29(3), pages 341-369, May.
    9. Stoeven, Max T. & Quaas, Martin F., 2012. "Privatizing renewable resources: Who gains, who loses?," Economics Working Papers 2012-02, Christian-Albrechts-University of Kiel, Department of Economics.
    10. Verhoef, Erik T., 2005. "Speed-flow relations and cost functions for congested traffic: Theory and empirical analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(7-9), pages 792-812.
    11. Ronan Congar & Louis Hotte, 2014. "Open Access vs. Restricted Access with Two Variable Factors: On the Redistributive Effects of a Property Regime Change," EconomiX Working Papers 2014-51, University of Paris Nanterre, EconomiX.
    12. Erik T. Verhoef, 1998. "An Integrated Dynamic Model of Road Traffic Congestion based on Simple Car-Following Theory," Tinbergen Institute Discussion Papers 98-030/3, Tinbergen Institute.
    13. Glazer, Amihai & Niskanen, Esko, 1992. "When Do Consumers Favor Price Increases: With Applications to Congestion and to Regulation," University of California Transportation Center, Working Papers qt3w17n1bc, University of California Transportation Center.
    14. Kenneth A. Small & Xuehao Chu, 2003. "Hypercongestion," Journal of Transport Economics and Policy, University of Bath, vol. 37(3), pages 319-352, September.
    15. Platteau, Jean-Philippe, 2002. "The Gradual Erosion of the Social Security Function of Customary Land Tenure Arrangements in Lineage-Based Societies," WIDER Working Paper Series 026, World Institute for Development Economic Research (UNU-WIDER).
    16. Thomas Vendryes, 2014. "Peasants Against Private Property Rights: A Review Of The Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 971-995, December.
    17. Brito, Dagobert L. & Intriligator, Michael D. & Sheshinski, Eytan, 1997. "Privatization and the distribution of income in the commons," Journal of Public Economics, Elsevier, vol. 64(2), pages 181-205, May.

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