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Preview Resolving the Tragedy of the Commons by Creating Private Property ... pdf file

Cato Journal, Vol. 1, No. 2 (Fall 1981). .... became able, through advancing technology, to overhunt animals. 3 ... late 1980s it may reach one species per hour.~This is, indeed ..... on the wild common property populations and, as a positive exter- nality .... of its legacy while at the same time to preserve the system's vir- tues.



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