This 2002 book looks at how environmental protection requires multiple property regimes, including admixtures of private-, common-, and public-property systems.
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'At last we have, in Dan Cole's careful and comprehensive work, an intellectually honest account of the role of property relations in pollution policy. Finally, clear thought stands a plausible chance of trumping ideology masquerading as analysis by lawyers and economists.' Daniel W. Bromley, University of Wisconsin-Madison
'... a first-rate analysis of environmental management from the several viewpoints of law, economics, measurement technology, and political will.' J. H. Dales, Professor Emeritus, University of Toronto
'Daniel Cole's book is a sophisticated critique of private property and market-based approaches to environmental regulation ... This clearly argued and informative study makes a major contribution to our understanding of the factors that affect the viability of different regulatory and property-rights approaches to environmental protection ... This is ... an important book.' Perspectives on Politics
Solutions to environmental problems depend on impositing private-, common-, or public-property rights in natural resources. Who should own the resources: private individuals, private groups of 'stakeholders', or the entire society (the public)? This 2002 book argues that no single property regime works best in all circumstances. Environmental protection requires multiple regimes.
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