ESCAPING ENVIRONMENTAL FEUDALISM

Parallels between US environmental policy and feudalism are drawn. Questions focusing on the Coase theorem, transaction costs and property rights to environmental assets are addressed.

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Bibliographic Details
Published in:Harvard journal of law and public policy 1992-04, Vol.15 (2), p.517-539
Main Author: Yandle, Bruce
Format: Article
Language:English
Subjects:
ENVIRONMENT
Environmental policy
FEUDALISM
Government
LAND AND LAND USE
LAW AND LEGAL SYSTEMS
PROPERTY
Regulation
REGULATION & REGULATORY POLICY
UNITED STATES, 1945 TO PRESENT
Online Access:Get full text
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Description
Summary:Parallels between US environmental policy and feudalism are drawn. Questions focusing on the Coase theorem, transaction costs and property rights to environmental assets are addressed.
ISSN:0193-4872
2374-6572