Hide, Rodney P.2024-10-162024-10-1619870113-0994https://hdl.handle.net/10182/17744The purpose of this paper is twofold. It seeks first to introduce a set of ideas important to natural resource and environmental policy. These ideas have hitherto been confined to academic articles dispersed among a number of journals. The second purpose of the paper is t.o expose for scrutiny the solution that I have adopted to the problem of how property rights should be reformed. Through the resulting criticism I hope to learn more about the problem and, hence, to be able to improve upon its solution. The paper also provides me with the welcome opportunity t.o acknowledge the generous help and support that I have received in my study. Dr Basil Sharp made me first wonder about property rights and, perhaps to atone for this heavy responsibility, Basil has continued to guide and encourage my work. Basil's support has been central t.o any progress that I have made. My understanding of property rights has also benefited from discussions with Tom McClurg, Richard Peters and Peter Ackroyd, three fellow critical rationalists. I have also benefited from Dr Henry Connor's demands that I write clearly and correctly. The occasional stern bark from this mastiff of the English language has not only lightened the reader's task but has also forced me to think more clearly and critically about property rights. It has also been my good fortune to enjoy the stimulating research atmosphere provided by Dr John Hayward at the Centre for Resource Management. These friends and colleagues have not only made this paper possible but have also ensured that it is very much better than it otherwise would have been. No one but myself, however, is to blame for the final outcome.Otheriii, 54 pagesen© Centre for Resource ManagementOther