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Evolution of Resource Property Rights
Anthony Scott
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Evolution of Resource Property Rights

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This book traces the development of the standard property rights over five kinds of natural resource - inland rivers, ocean fisheries, petroleum resources, gold and base metals and forest resources - from classical times through to the 19th century. Completely private resources and those in the public (or Crown) lands are given equal attention and a simple supply-and-demand model is used to explain how property rights are altered over time. Scott also provides the reader with a unique set of characteristics for defining rights and numerous case studies and examples of their evolution, highligh...