Open Access Property
= to be distinguished clearly from Common Property Regimes.
Citation
1.
The difference between open access and defined property rights (private or common property), by contrast, is the difference between an unregulated and a regulated condition. The difference is fundamental.
- Achim Lerch [1]
2.
"For Stevenson, a “private property, common property, open access trichotomy” ultimately
exists. He compares these three forms in terms of group limitation and extraction limitation.
Characteristic of the common property form is that both the group and the extent of resource use
are limited by the individual members."
- [2]
Source: STEVENSON, G.G: Common Property Economics. A General Theory and Land Use Applications. Cambridge. Cambridge University Press.1991, p.58
Typology
Stevenson compares these three forms in terms of group limitation and extraction limitation. [3]
3 Property Institutions:
Open Access:
- Limited: members only, unlimited extraction - Unlimited: open to anyone, unlimited extraction
Common Property: members only, extraction limited by rules
Private Property: one, extraction limited by individual decision