A law & economics approach to the study of integrated management regimes of estuaries
In this paper it is proposed to analyse legal regimes for integrated management of estuaries with the help of institutional legal theory and the Schlager & Ostrom framework for types of ownership. Estuaries are highly valued and valuable and therefore need protection. The problem is that they qualify as multiple-use and multiple-user common pool resources. To be able to analyze the legal regimes governing the estuaries, you must be able to take the position of governmental actors and NGO's into account. For this purpose a first attempt has been made in this paper to adapt the Schlager & Ostrom framework to accomodate for these problems. Therefore two new types of ownership are introduced, namely the trustee and the steward.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Nelson, Richard R. & Sampat, Bhaven N., 2001. "Making sense of institutions as a factor shaping economic performance," Journal of Economic Behavior & Organization, Elsevier, vol. 44(1), pages 31-54, January.
- Alchian, Armen A. & Demsetz, Harold, 1973. "The Property Right Paradigm," The Journal of Economic History, Cambridge University Press, vol. 33(01), pages 16-27, March.
- Soderqvist, Tore & Mitsch, William J. & Turner, R. Kerry, 2000. "Valuation of wetlands in a landscape and institutional perspective," Ecological Economics, Elsevier, vol. 35(1), pages 1-6, October.
- Holderness, Clifford G., 2003. "Joint ownership and alienability," International Review of Law and Economics, Elsevier, vol. 23(1), pages 75-100, March.
- Smith, Henry E, 2002. "Exclusion versus Governance: Two Strategies for Delineating Property Rights," The Journal of Legal Studies, University of Chicago Press, vol. 31(2), pages S453-87, June.
- Elinor Ostrom, 2008. "Institutions And The Environment," Economic Affairs, Wiley Blackwell, vol. 28(3), pages 24-31, 09.
- Daniel H. Cole & Peter Z. Grossman, 2002. "The Meaning of Property Rights: Law versus Economics?," Land Economics, University of Wisconsin Press, vol. 78(3), pages 317-330.
- R. Quentin Grafton, 2000. "Governance of the Commons: A Role for the State?," Land Economics, University of Wisconsin Press, vol. 76(4), pages 504-517.
- T.S. Veeman & J. Politylo, 2003. "The Role of Institutions and Policy in Enhancing Sustainable Development and Conserving Natural Capital," Environment, Development and Sustainability, Springer, vol. 5(3), pages 317-332, September.
- Edella Schlager & Elinor Ostrom, 1992. "Property-Rights Regimes and Natural Resources: A Conceptual Analysis," Land Economics, University of Wisconsin Press, vol. 68(3), pages 249-262.
- Sun, Laixiang, 2002. "Introduction Adaptive Efficiency and Evolving Diversity of Enterprise Ownership and Governance," Journal of Comparative Economics, Elsevier, vol. 30(4), pages 754-758, December.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwple:0408002. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA)
If references are entirely missing, you can add them using this form.