Abstract
Reviews three perspectives relevant to the balance of private and public interests in land resources. The first concerns the technical feasibility of private exploitation of publicly held lands - in this case the geological problems of finding oil and gas on wilderness. The second involves economic efficiency: the numerous costs and benefits, public and private, of such changes in property rights. The final perspective concerns valuative questions of social welfare. After a brief discussion of each, a conclusion proposes some general guidelines for future policy.-from Author
Original language | English (US) |
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Pages (from-to) | 56-68 |
Number of pages | 13 |
Journal | Land Economics |
Volume | 60 |
Issue number | 1 |
DOIs | |
State | Published - Jan 1 1984 |