IDEAS home Printed from https://ideas.repec.org/p/ise/isegwp/wp162007.html
   My bibliography  Save this paper

The Tragedy of the Anti-Commons: A New Problem. An Application to the Fisheries

Author

Listed:
  • José António Filipe
  • Manuel Alberto M. Ferreira
  • Manuel Coelho

Abstract

The operation and management of common property resources (“the commons”) have been exhaustively examined in economics and political science, both in formal analysis and in practical applications. “Tragedy of the Commons” metaphor helps to explain why people overuse shared resources. On the other side, Anti-Commons Theory is a recent theory presented by scientists to explain several situations about new Property Rights concerns. An “anti-commons” problem arises when there are multiple rights to exclude. Little attention has been given to the setting where more than one person is assigned with exclusion rights, which may be exercised. We analyze the “anti-commons” problem in which resources are inefficiently underutilized rather than over-utilized as in the familiar commons setting. In fact, these two problems are symmetrical in several aspects.

Suggested Citation

  • José António Filipe & Manuel Alberto M. Ferreira & Manuel Coelho, 2007. "The Tragedy of the Anti-Commons: A New Problem. An Application to the Fisheries," Working Papers Department of Economics 2007/16, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    • Handle: RePEc:ise:isegwp:wp162007
    as

    Download full text from publisher

    File URL: https://depeco.iseg.ulisboa.pt/wp/wp162007.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Buchanan, James M & Yoon, Yong J, 2000. "Symmetric Tragedies: Commons and Anticommons," Journal of Law and Economics, University of Chicago Press, vol. 43(1), pages 1-13, April.
    2. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 9, pages 178-203, Palgrave Macmillan.
    3. Norbert Schulz & Francesco Parisi & Ben Depoorter, 2002. "Fragmentation in Property: Towards a General Model," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(4), pages 594-613, December.
    4. 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 124-124.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Azaguagh, Ismail & Driouchi, Ahmed, 2018. "Understanding Commons and Anticommons in different economic contexts," MPRA Paper 116621, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bessen James, 2009. "Evaluating the Economic Performance of Property Systems," Review of Law & Economics, De Gruyter, vol. 5(3), pages 1037-1061, December.
    2. Parisi, Francesco & Schulz, Norbert & Depoorter, Ben, 2003. "Symmetry and asymmetry in property: Commons and anticommons," W.E.P. - Würzburg Economic Papers 46, University of Würzburg, Department of Economics.
    3. José Lamelas & José António Filipe, 2014. "An Application of the Anti-Commons Theory to an Elderly Nursing Home Project in Portugal," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 4(2), pages 746-746.
    4. Bertacchini Enrico & De Mot Jef P.B. & Depoorter Ben, 2009. "Never Two Without Three: Commons, Anticommons and Semicommons," Review of Law & Economics, De Gruyter, vol. 5(1), pages 163-176, April.
    5. Van Cayseele Patrick & Reynaerts Jo, 2011. "Complementary Platforms," Review of Network Economics, De Gruyter, vol. 10(1), pages 1-33, March.
    6. Freyens, Benoît, 2009. "A policy spectrum for spectrum economics," Information Economics and Policy, Elsevier, vol. 21(2), pages 128-144, June.
    7. José António Filipe & Manuel Alberto M. Ferreira & Manuel Coelho & Maria Isabel Pedro, 2012. "Cooperation on Stocks Recover," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 2(1), pages 1-74.
    8. Fuentes-Castro, Daniel, 2009. "Inefficiency and common property regimes," Ecological Economics, Elsevier, vol. 68(6), pages 1740-1748, April.
    9. Azaguagh, Ismail & Driouchi, Ahmed, 2018. "Understanding Commons and Anticommons in different economic contexts," MPRA Paper 116621, University Library of Munich, Germany.
    10. Parisi, Francesco & Schulz, Norbert & Depoorter, Ben, 2005. "Duality in Property: Commons and Anticommons," International Review of Law and Economics, Elsevier, vol. 25(4), pages 578-591, December.
    11. Brown Matthew & Cardiff-Hicks Brianna, 2018. "The Tragedy of the Uncommons," Review of Law & Economics, De Gruyter, vol. 14(2), pages 1-22, July.
    12. Norbert Schulz & Francesco Parisi & Ben Depoorter, 2002. "Fragmentation in Property: Towards a General Model," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(4), pages 594-613, December.
    13. Buchanan, James M. & Yoon, Yong J., 2004. "Majoritarian exploitation of the fiscal commons: general taxes-differential transfers," European Journal of Political Economy, Elsevier, vol. 20(1), pages 73-90, March.
    14. Bhattacharya, Haimanti & Lueck, Dean, 2009. "The role of property rights in determining the environmental quality-income relationship," Ecological Economics, Elsevier, vol. 68(10), pages 2511-2524, August.
    15. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    16. Theodore C. Bergstrom, 2010. "The Uncommon Insight of Elinor Ostrom," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(2), pages 245-261, June.
    17. Yi Zhou, 2016. "The Tragedy of the Anticommons in Knowledge," Review of Radical Political Economics, Union for Radical Political Economics, vol. 48(1), pages 158-175, March.
    18. Matthew W. McCarter & Shirli Kopelman & Thomas A. Turk & Candace E. Ybarra, 2012. "Too Many Cooks Spoil the Broth: How the tragedy of the anticommons emerges in organizations," Working Papers 12-14, Chapman University, Economic Science Institute.
    19. Jongwook Kim & Joseph T. Mahoney, 2002. "Resource-based and property rights perspectives on value creation: the case of oil field unitization," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(4-5), pages 225-245.
    20. Kotchen, Matthew J. & Salant, Stephen W., 2011. "A free lunch in the commons," Journal of Environmental Economics and Management, Elsevier, vol. 61(3), pages 245-253, May.

    More about this item

    Keywords

    Anti-Commons Theory; Property Rights;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ise:isegwp:wp162007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vitor Escaria (email available below). General contact details of provider: https://aquila.iseg.ulisboa.pt/aquila/departamentos/EC .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.