Common Property Resource Management

Common property resource management regimes are defined as a set of institutional arrangements that regulate the use of common pool resources (CPRs, also called the commons). The institutional arrangement or property rights governing CPRs could be no property (open access), private property, government property, and common or communal property. Owing to the historical development in the field of knowledge on the commons, there is much confusion between the nature or characteristics of a CPR and the management mechanisms forged to address the problems of the commons. CPRs are those natural and human-constructed resources where it is difficult to exclude potential users and the benefits derived from the resource are subtractable. These are called the principles of difficulty of exclusion and subtractability. Examples of CPRs are ...