Privatising reserves: the place of public land ownership in nature conservation
Land use for agriculture, forestry and rural development Proceedings of the 20th symposium of the European Association of Agricultural Economists EAAE, July 1989, Newcastle upon Tyne, England: 123-133
The British government is currently proposing that the Nature Conservancy Council should sell off at least some of its publicly owned Nature Reserves. In this case, given the absence of a market, conservation objectives cannot be fully defined by market forces. Indeed, in the absence of state support, it is difficult to see why any organization might choose to buy such land. In practice, the number of potential purchasers is likely to be small.