Who Owns the Environment?

by Hill, Peter J.; Meiners, Roger E.; Anderson, Terry L.; Boudreaux, Donald J.; Brubaker, Elizabeth; Carney, William J.; Allessi, Louis De; Epstein, Richard A.; Leal, Donald R.; Norton, Seth W.; Smith, Vernon L.; Wagner, Richard E.; Yandle, Bruce

• ISBN13: 9780847690817
• ISBN10: 0847690814
• Format: Hardcover
• Copyright: 1998-08-20
• Publisher: Rowman & Littlefield Publishers

Summary

The past several decades have witnessed a growing recognition that environmental concerns are essentially property rights issues. Despite agreement that an absence of well-defined and consistently enforced property rights, results in the exploitation of air, water, and other natural resources, there is still widespread disagreement about many aspects of America's property rights paradigm. The prominent contributors to Who Owns the Environment? explore numerous theoretical and empirical possibilities for remedying these problems. An important book for environmental economists and those interested in environmental policy.

Table of Contents

Tables and Figures	vii	(2)
Acknowledgments	ix	(2)
Introduction Property Rights and Externalities: Problems and Solutions	xi
Peter J. Hill
Roger E. Meiners
Chapter 1 Private Property Rights as the Basis for Free Market Environmentalism	1	(36)
Louis De Alessi
Chapter 2 Property Rights, the Environment, and Economic Well-Being	37	(18)
Seth W. Norton
Chapter 3 Property Rights as a Natural Order: Reciprocity, Evolutionary and Experimental Considerations	55	(32)
Vernon L. Smith
Chapter 4 The Common Law and the Environment: The Canadian Experience	87	(32)
Elizabeth Brubaker
Chapter 5 Coase, Pigou, and Environmental Rights	119	(34)
Bruce Yandle
Chapter 6 Existence Value and Other of Life's Ills	153	(34)
Donald J. Boudreaux
Roger E. Meiners
Chapter 7 From Stakeholders to Stockholders: A View from Organizational Theory	187	(36)
William J. Carney
Chapter 8 Habitat Preservation: A Property Rights Perspective	223	(36)
Richard A. Epstein
Chapter 9 Viewing Wildlife through Coase-Colored Glasses	259	(24)
Terry L. Anderson
Chapter 10 Cooperating on the Commons: Case Studies in Community Fisheries	283	(32)
Donald R. Leal
Chapter 11 The Constitutional Protection of Private Property	315	(22)
Richard E. Wagner
Index	337	(12)
About the Political Economy Forum and the Contributors	349