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
Inflation is not possible under the gold standard.” Is this statement true, false, or uncertain? Explain your answer.

(i). A firm's costs are 500 when output is 100. If the TC function is linear and fixed cost (FC) are 200, find the marginal cost when Q = 4, 5 and 6. (ii). The following are est

We discussed why economists prefer to use available statistics and econometric techniques over other means of measuring consumer demand. Write a short essay describing a situation

Tuan lives in a town with only one movie rental store. Suppose Tuan’s demand for movie rentals per month is Q = 16- 2P . The movie store currently charges $5 per movie, but is thin


How has the Harberler''s theory of opportunity cost an improvment over the classical theory of trade?

Types of Regional development financing arrangements: Regional development financing arrangements have been of three basic types.  The oldest and best-developed type is mul

Briefly discuss the components of macroeconomics system with suitable explanation

EXCHANGE RATES: The current unit focuses on exchange rates and is a more in-depth study of foreign exchange markets from the perspective of financialeconomics.You have been ac

Analysis of business portfolio by using Boston Consultant Group (BCG) Matrix.