The political economy of customs and culture : informal solutions to the commons problem
Author(s)
Bibliographic Information
The political economy of customs and culture : informal solutions to the commons problem
(The political economy forum)
Rowman and Littlefield Publishers, c1993
Available at / 20 libraries
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Library, Institute of Developing Economies, Japan External Trade Organization遡
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Note
Includes bibliographical references
Description and Table of Contents
Description
Since the writings of Adam Smith, economists have understood the important role that private property rights play in a well functioning economic system. Without well-defined, enforced, and transferable property rights, the tragedy of the commons is said to result as in the classic case of over-fishing and over-grazing. This book challenges this narrow view of property rights by examining the role of informal constraints imposed by customs and culture. Recognizing that a great deal of human interaction takes place in the absence of individually specified rights, the authors challenge the notion that tragedy is inevitable within the commons.
Table of Contents
Chapter 1 Faciliting Cross Disciplinary Understanding of the Commons Chapter 2 Property-Rights Regimes and Natural Resources: A Conceptual Analysis Chapter 3 The Tragicomedy of the Commons Chapter 4 Contracting into the Commons Chapter 5 Capturing the Commons: Legal and Illegal Strategies Chapter 6 The Political Economy of Changing Property Rights: Dismantling a Kenyan Commons Chapter 7 Analyzing Institutional Successes and Failure: A Millennium of Common Mountain Pastures in Iceland Chapter 8 Covenants With and Without a Sword: Self-Enforcement is Possible Chapter 9 Economic Principle in the Emergence of Humankind
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