The Tragedy of the Commons and the Myth of a Private Property Solution

  title={The Tragedy of the Commons and the Myth of a Private Property Solution},
  author={Amy Sinden},
The central question of environmental law is "how much?" How much pollution should we emit into the air and water? How much resource exploitation should we engage in? While for other "how much" questions our society tends to rely (at least in theory) on the market, when it comes to environmental harms, the tragedy of the commons frequently causes the market to fail - that is, to get the "how much" question wrong. According to generally accepted wisdom, there are two potential solutions to the… 
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