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This book by Daniel Cole and Elinor Ostrom, winner of the 2009 Nobel Prize in Economics, shows how property rights systems affect the use of scarce natural resources. It is a rich source of information for those involved in conservation, land dispute resolution, land market regulation, public policy, and zoning.
Environmental protection and resource conservation depend on the imposition of property rights (broadly defined) because in the absence of some property system - private, common, or public - resource degradation and depletion are inevitable. But there is no universal, first-best property regime for environmental protection in this second-best world. Using case studies and examples taken from countries around the world, this 2002 book demonstrates that the choice of ownership institution is contingent upon institutional, technological, and ecological circumstances that determine the differential costs of instituting, implementing, and maintaining alternative regimes. Consequently, environmental protection is likely to be more effective and more efficient in a society that relies on multiple (and often mixed) property regimes. The book concludes with an assessment of the important contemporary issue of 'takings', which arise when different property regimes collide.
Principles of Law and Economics is an undergraduate coursebook
This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.
Elinor (Lin) Ostrom was awarded the 2009 Nobel Memorial Prize in Economic Sciences for her pathbreaking research on "economic governance, especially the commons"; but she also made important contributions to several other fields of political economy and public policy. The range of topics she covered and the multiple methods she used might convey the mistaken impression that her body of work is disjointed and incoherent. This four-volume compendium of papers written by Lin, alone or with various coauthors (most notably including her husband and partner, Vincent), supplemented by others expanding on their work, brings together the common strands of research that serve to tie her impressive oeu...
DS Benjamin Chambers and DC Adam Winter are hunting a twisted serial killer who recreates famous works of art using the bodies of his victims. But after Chambers almost loses his life, the case goes cold - the killer lying dormant, his collection unfinished. Jordan Marshall has excelled within the Met Police, driven by a loss that defined her teenage years. She obtains new evidence, convincing both Chambers and Winter to revisit the case. However, this new investigation reawakens their killer, the team in desperate pursuit of a monster hell-bent on finishing what he started at any cost. Praise for Daniel Cole: 'A brilliant, breathless thriller' M.J. Arlidge 'Superb thriller writing' Peter Robinson 'A star is born. Killer plot. Killer pace' Simon Toyne
"Shows how Thomas Cole's neglected Catskill Creek paintings cohere as a series and express the artist's deep attachment to place and region"--
Exploring theoretical foundations for the distribution of shared responsibility, this book provides a basis for the development of international law.
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Traces the musical career of the jazz singer, from the formation of his jazz trio to his television show, and describes his desire to battle segregation by playing to all audiences.