Inefficient utilization of resources - an anti-commons view in the fishing sector: the aquaculture problem

• Autor(a) principal: Filipe, J. A.
• Data de Publicação: 2008
• Outros Autores: Ferreira, M. A. M., Coelho, M.
• Tipo de documento: Artigo
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: https://ciencia.iscte-iul.pt/id/ci-pub-12420; http://hdl.handle.net/10071/13926
• topic: Anti-commons; Anti-commons tragedy; Property rights; Exclusion rights

Anti-Commons Theory is a very recent development in the area of property rights. It intends to explain why an "anti-commons" emerges and why resources may be prone to underuse. In an anti-commons situation there are too many exclusion rights that lead to the under-use of resources. In Portugal, too many people (and institutions) have been involved in the approval processes of aquaculture projects. They may be involved in reaching a decision about the approval of a project which gives rise to the under-utilization of the resources promoters aimed to exploit. In fact, it takes so long to approve a project that the time required for its implementation is excessively delayed.