Table of Contents; Richard Stroup and John Baden, Property Rights and Natural Resource Management: Library of Economics and Liberty

Property Rights and Natural Resource Management by Richard Stroup and John Baden 1979. Originally published in Literature of Liberty, vol. ii, no. 4, September-December 1979, pp. 5-44, Cato Institute. Republished with permission of original copyright holders.
Introduction: The Property Rights Paradigm 1. Property Rights and Resource Management 2. Private, Transferable Rights in a Market Setting 3. Market Failure and Potential Gains from Government Monopoly Externality Public Goods and Common Pools Transactions Costs Equity 4. Government Failure, Property Rights, and Resource Allocation 1. The Rational Ignorance Effect 2. The Special Interest Effect 3. The Bundle Purchase Effect 4. The Short-sightedness Effect 5. Little Incentive for Internal Efficiency Realism of the Analysis 5. Property Rights and Natural Resources: Applications Property Rights to Resources and Intergenerational Equity Property Rights and Transgenerational Equity: The Case of Exhaustible Resources The Market vs. Bureaucratic Preservation of Resources Transgenerational Equity and Bureaucratic Management Alternative Energy The Problem of Alternative Energy Production in the U.S. Alternative Energy and Alleged Market Failure A Historical Sketch of Alternative Energy Developments Governmental Programs and the Decline in Research and Development of Alternative Energy Sources The Costs of Government Subsidy and a Lesson The American Indian Property Rights and Plains Indian Culture Property Rights and Institutional Adaptations:The Coastal Fur Trade Government Management of Range Resources BLM and the Problems of Public Sector Management Government Divestiture of BLM Grazing Rights 6. Conclusion: Policy Implications of the Property Rights Approach to Natural Resource Management
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