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Some costs of incomplete property rights with regard to federal grazing permits

Some costs of incomplete property rights with regard to federal grazing permits

Land Economics 74(2): 171-185

Public land uses, other than raising livestock, have gained greater importance in policy proposals recently. Under the current property rights regime, the market solution of trading grazing permits is restricted; political action is used to allocate public land use. The effect of increased political pressure to emphasize non-commercial uses on grazing permits values is estimated.

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Accession: 003276140

Download citation: RISBibTeXText

DOI: 10.2307/3147049

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