Surprisingly Social: Private Property and Environmental Management

New Forms of Private Property: Property Rights in Environmental Goods

This entry examines the relationship between property rights and environmental protection. According to the ‘tragedy of the commons’ model, environmental pollution and resource depletion result from the inadequate specification of property rights in environmental goods. Two solutions typically are offered for averting the ‘tragedy’: (1) specify property rights (that is, privatize the commons) o...

Private Property and Public Interest

The Evolution of Private Property

Experimental studies have shown that subjects exhibit a systematic endowment effect. No acceptable explanation for the existence of this behavior has been offered. This paper shows that the endowment effect can be modeled as respect for private property in the absence of legal institutions ensuring third-party contract enforcement. In this sense, “natural” private property has been observed in ...

A new multi-objective mathematical model for hazardous waste management considering social and environmental issues

Hazardous waste management incorporates collection, separation, treatment, recycling and disposal of hazardous wastes. In this paper, a new multi-objective mixed integer model is presented for hazardous waste collection problem. The model aims to minimize transportation and construction costs, and environmental and population risks in hazardous waste management systems. This model is applied in...

Trademarks and Private Environmental Governance