Open Access Regime Finally we have the open access situation in which there is no property. Basically, it is a situation where there are no enforceable property rights over the use of the resource. Here, a right of inclusion is granted to anyone who wants to use the resource. Examples of open access resources are fishing in the open sea, river, lake, or ponds, ill-managed village common grazing lands, buffer areas of forests, groundwater, etc. Open access results from the absence - or breakdown - of a management and authority system whose very purpose was to introduce and enforce a set of norms of behaviour among participants with respect to the natural resource. Posted Date: 12/18/2012 12:03:44 AM | Location : United States

Your posts are moderated

Write your message here..

Related Questions

Chemical analysis of iron what is chemical analysis of iron ?

Summary of demand and supply considerati... Summary of Demand and Supply Considerations of Education A study of supply and demand considerations in education helps in understanding four major issues

Regression on return from schooling and ... how to estimate a regression model that tests for higher ability individuals get a greater return from schooling

Microeconmics #question.suppose the # of producers of electric cars increases causing the supply curve to shift to the right. If the demand curve stays stationary what will h

Define the generality of economic theory... Define the generality of economic theory in the modern economics. Generality of Economic Theory An economic theory is based onto assumptions imposed onto

Setting up a model to forecast future de... Because of your reputation as an expert in economic analysis, you have been hired as vice president of a business consulting firm named Economists R Us.  This f

Theory of multiplier income generation in a static and dynamic setting