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dc.contributor.authorStavins, Robert N.en_US
dc.date.accessioned2010-12-22T10:41:52Z-
dc.date.available2010-12-22T10:41:52Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/43433-
dc.description.abstractThe problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet - in regard to natural resources and environmental quality - has become a greater concern, particularly for common-property and open-access resources. The focus of this article is on some important, unsettled problems of the commons. Within the realm of natural resources, there are special challenges associated with renewable resources, which are frequently characterized by open access. An important example is the degradation of open-access fisheries. Critical commons problems are also associated with environmental quality. A key contribution of economics has been the development of market-based approaches to environmental protection. These instruments are key to addressing the ultimate commons problem of the twenty-first century - global climate change.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei (FEEM) Milanoen_US
dc.relation.ispartofseriesNota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 2010,131en_US
dc.subject.jelQ22en_US
dc.subject.jelQ28en_US
dc.subject.jelQ50en_US
dc.subject.jelQ54en_US
dc.subject.jelQ58en_US
dc.subject.ddc330en_US
dc.subject.keywordCommon-Property Resourceen_US
dc.subject.keywordOpen-Access Resourceen_US
dc.subject.keywordFisheriesen_US
dc.subject.keywordGlobal Climate Changeen_US
dc.titleThe problem of the commons: still unsettled after 100 yearsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn641203039en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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