Common Pool Resource Property Rights

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Description

Kurt Laitner:

"From Ostrom and Shlager (1992) identified 5 property rights that individuals using a common pool resource might cumulatively have (noting a bias toward physical resources):

· Access: a right to enter a defined physical property

· Withdrawal: a right to harvest the products of a resource such as timber, water, or food for pastoral animals

· Management: a right to regulate the use patterns of other harvesters and to transform a resource system by building improvements

· Exclusion: a right to determine who else will have the right of access to a resource and whether that right can be transferred

· Alienation: a right to sell or lease any of the above four rights." ([1])