Open access regime , Microeconomics

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







Related Discussions:- Open access regime , Assignment Help, Ask Question on Open access regime , Get Answer, Expert's Help, Open access regime Discussions

Write discussion on Open access regime
Your posts are moderated
Related Questions
1. Suppose that Mr. John has the following Cobb-Douglas utility function U = 6X^2/3y^1/3 the market price of X and Y commodity are $1 and $2, respe

What is utility maximization according to consumer behavior? Consumer Behavior: Utility Maximization A foundational hypothesis onto individual behavior within modern econ

How do we measure economic growth and why do we need economic growth? (ii) What can governments do to stimulate economic growth and create jobs? (provide some current examples) (ii

Strategic Planning for Enhancing Exports: Strategic Planning for Enhancing Exports need to be undertaken at the national level. It is necessary  to undertake a separate and


Define Law of conservation of mass, Explain briefly, Law of conservation of mass: In all physical & chemical changes the total mass of the reactants is equal to that of the produ

how microeconomic issues maybe represented using production posibility curve

identify and discuss four major managerial factors that lead to dis-economies of scale

Structuralist Economics:Its a form of heterodox economicsthat emphasizes relationships betweenincome distribution, effective demand and political and economic power. Structures:

How to I calculate the break-even point per unit in dollar amount and then determine whether there will be a profit or loss? Such as if the fixed costs were $75000. The variable co