Inefficient utilization of resources - An anti-commons view in the fishing sector: the aquaculture problem.
Anti-Commons Theory is a very recent development in the area of property rights. It intends to explain why an anti-commons emerges and why resources may be prone to underuse. In an anti-commons situation there are too many exclusion rights that lead to the under--use of resources. In Portugal, too many people (and institutions) have been involved in the approval processes of aquaculture projects. They may be involved in reaching a decision about the approval of a project which gives rise to the under-utilization of the resources promoters aimed to exploit. In fact, it takes so long to approve a project that the time required for its implementation is excessively delayed.
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| Main Authors: | , , |
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| Format: | Digital revista |
| Language: | English |
| Published: |
ISCTE-IUL Business School
2008
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| Online Access: | http://scielo.pt/scielo.php?script=sci_arttext&pid=S0873-74442008000200006 |
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