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Interpreting Common Ownership

Published online by Cambridge University Press:  17 August 2016

Hervé Moulin*
Affiliation:
Duke University
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Summary

The paper surveys, without proofs, recent axiomatic results on the utilization of common property resources, by this author and some others. Problems discussed include the division of unproduced commodities (the traditional fair division problem), and the cooperative production of a private or public good.

Axioms contrast No Envy with two monotonicity properties, respectively when the population owning the resources in common increases, and when these resources themselves grow.

Résumé

Résumé

Notre article examine d’une manière critique quelques résultats axiomatiques récents de travaux sur l’utilisation des ressources en propriété commune. Il discute notamment des problèmes de répartition de biens non-produits et de la production coopérative de biens, qu’ils soient privés ou publics. Des axiomes contrastent l’absence d’envie avec deux propriétés de monotonicité, quand la population qui possède les ressources en commun augmente et quand ce sont les ressources ellesmêmes qui augmentent.

Type
Research Article
Copyright
Copyright © Université catholique de Louvain, Institut de recherches économiques et sociales 1990 

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Footnotes

*

Useful criticisms by an anonymous referee are gratefully acknowledged.

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