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Common property resource - Definition and Overview |
| Related Words: Acres, Affection, Alodium, Aroma, Assets, Attribute, Badge, Balance, Banner, Blackface, Brand, Cachet, Capital, Capitalization, Cast, Character, Characteristic, Characteristics |
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A Common Property Resource or Common Pool Resource (CPR) is produced by a sufficiently large resource system that makes it costly but not impossible to exclude potential beneficiaries.
A resource system can be regarded as a stock variable that is under favorable conditions capable of producing a maximum quantity of a flow variable, without harming the stock or the resource system itself.
Examples are: Fishing grounds, vast and open pastures.
See also
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Example Usage of property |
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coryoconnor: RT @shelisrael: .@ed Jews came over with Columbus. When the Pilgrim got here, we started worrying bout property values. http://bit.ly/8a6DZc |
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rofasix: Thinking of all the Americans who worked so hard for indiv freedom & rights to property. Is it pissed away now? http://twitpic.com/r1i1o |
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MoDahl: @oysteinj If Proudhon was right and “property is theft”, what then is "intellectual property"? |
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