On the redistributive impact of privatizing a resource under imperfect enforcement

We consider the redistributive effects of privatizing a resource previously exploited under free access. We assume that illegal extraction is punished but that the sanction is bounded by individuals' wealth. First, we show that a segment of intermediate-wealth individuals is the most adversely...

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Veröffentlicht in:Environment and development economics 2006-12, Vol.11 (6), p.677-696
Hauptverfasser: AMBEC, STEFAN, HOTTE, LOUIS
Format: Artikel
Sprache:eng
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