Free Access versus Private Property in a Resource: Income Distributions Compared.

S-Tier
Journal: Journal of Political Economy
Year: 1987
Volume: 95
Issue: 6
Pages: 1317-25

Authors (2)

Score contribution per author:

4.036 = (α=2.02 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Distributions of income are compared under the alternative regimes of free access to, and private property in, a resource. It is shown that, in several analytically distinct cases, all those deprived of free access on conversion of a resource to private property can be better off, even though no compensating transfers are made. This resu lt can hold even if the granting of private property rights also conf ers monopoly or monopsony power. Copyright 1987 by University of Chicago Press.

Technical Details

RePEc Handle
repec:ucp:jpolec:v:95:y:1987:i:6:p:1317-25
Journal Field
General
Author Count
2
Added to Database
2026-01-25