The intrinsic fallacy of market mechanism and private property rights in alleviating the tragedy of the commons

2020 ◽  
Vol 52 (33) ◽  
pp. 3629-3636
Author(s):  
Ali Fehim Cebeci ◽  
Huseyin Ince ◽  
Murat Anil Mercan
2020 ◽  
Vol 16 (6) ◽  
pp. 863-882 ◽  
Author(s):  
Pedro Bustamante ◽  
Marcela Gomez ◽  
Ilia Murtazashvili ◽  
Martin Weiss

AbstractThe exploitation of radio-electric spectrum bands for wireless transmission purposes has some features of the commons: it is subject to congestion and conflict without rules governing its use. The Coasean approach is to assign private property rights to overcome the tragedy of the spectrum commons. The process of assigning these rights is still centralized, with governments assigning property rights through agencies such as the Federal Communications Commission and National Telecommunications and Information Administration in the USA. We consider the possibility of self-governance of the spectrum. We use insights from the study of common pool resources governance to analyze the emergence of property rights to spectrum in a ‘government-less’ environment in which norms, rules, and enforcement mechanisms are solely the product of the repeated interactions among participants in the network. Our case study considers the spectrum-sharing arrangement in the 1,695–1,710 MHz band. Using agent-based modeling (ABM), we show that self-governance of the spectrum can work and under what conditions it is likely to improve the efficiency of the allocation of property rights.


2004 ◽  
Vol 10 (1) ◽  
pp. 76-88
Author(s):  
James Arvanitakis

Over the last 20-years, markets come to dominate the way 'resources' are managed. The expansion of the market doctrine has at its core the belief that the apporpiate private property rights are the best way to promote innovation and protect freedoms. The scramble over the private property rights is now well entrenched in the intellectual property arena, with countless examples of patents entering areas that once seemed inconceivable. Thi article moves from Bollier's (2002) disucssion of the concept to argue that intellect, rather than being commodity that is promoted by private property rights is rather a commons— specifically a 'cultural commons'. As such, the process of commodification turn intellect into intellectual property—limiting availability. As a commons, if intellect is to be prmoted, it must be open and shared in the public sphere. In contrast to the ongoing commodification of all aspects of life, social movements and academics are begining to rediscover the commons. This rediscovery now takes the battle between the dominant forces of free market fundamentalism and those who oppose them, into the cultural sphere.


Author(s):  
Vyacheslav Vovk

Russia is a resource-rich country, and great changes are being made today in order that land and its resources are used for the benefit of any citizen of our state. Under the circumstances government supervision (control) over the optimal use of territories gets the essential role. The rights that are contained in land reform give owners, landowners, land users, and employers extensive powers concerning independent land management.


2016 ◽  
Vol 1 (1) ◽  
pp. 85-97
Author(s):  
Moh. Ah. Subhan ZA

The main problem of social life in the community is about how to make the allocation and distribution of income well. Inequality and poverty basically arise not because of the difference of anyone’s strength and weakness in getting livelihood, but because of inappropriate distribution mechanism. With the result that wealth treasure just turns on the rich wealthy, which is in turn, results in the rich get richer and the poor get poorer.Therefore, a discussion on distribution becomes main focus of theory of Islamic economics. Moreover, the discussion of the distribution is not only related to economic issues, but also social and political aspects. On the other side, the economic vision of Islam gives priority to the guarantee of the fulfillment of a better life. Islam emphasizes distributive justice and encloses, in its system, a program for the redistribution of wealth and prosperity, so that each individual is guaranteed with a respectable and friendly standard of living. Islam recognizes private property rights, but the private property rights must be properly distributed. The personal property is used for self and family livelihood, for investment of the working capital, so that it can provide job opportunities for others, for help of the others through zakat, infaq, and shodaqoh. In this way, the wealth not only rotates on the rich, bringing on gap in social life.The problem of wealth distribution is closely related to the welfare of society. Therefore, the state has a duty to regulate the distribution of income in order that the distribution can be fair and reaches appropriate target. The state could at least attempt it by optimizing the role of BAZ (Badan Amil Zakat) and LAZ (Lembaga Amil Zakat) which has all this time been slack. If BAZ and LAZ can be optimized, author believes that inequality and poverty over time will vanish. This is because the majority of Indonesia's population is Muslim.


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