Renewable Natural Resource Management and Use without Markets
探讨了自然资源因难以私有化而带来的管理挑战，包括外部性、公共品、非使用价值及生态复杂性，并回顾了资源经济学家在外部性、可转让配额、非市场估值和共有财产管理方面的贡献。
Natural resources, by their nature, are not readily bent to the status of private property. Efficient resource use is complicated by jurisdictional externalities, public goods, non-use values, and beneficiaries spatially separated from the location of resources. The task is made more challenging by ecological complexity that obscures cause (benefits) and effects (costs), and dramatic time lags between individual actions and subsequent social consequences that, together with substantial uncertainty, introduce the chance of irreversibilities. Resource economists have played a major role in the literature on externalities, the development of individual transferable quotas, non-market valuation techniques and common property management.