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The Property Rights Paradigm And The Protection Of Oak In California, B. Delworth Gardner
The Property Rights Paradigm And The Protection Of Oak In California, B. Delworth Gardner
Faculty Publications
Once again our country is caught on the horns of a serious dilemma. Natural resources, such as land and water, are becoming increasingly scarce and therefore valuable. Concomitantly, and perhaps more importantly, these resources are recognized as having attributes or characteristics in the form of amenities that are coveted by non owners of these resources. A cheap and effective way of acquiring these amenities is to assert that the legal owners of the resources do not have the right to exclude those who want the amenities from consuming them. Or, almost equivalently, the resources must be used in certain ways …