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Special Report

Property rights for mineral resources

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Pages 24-29 | Published online: 02 Apr 2009
 

Abstract

Information problems associated with making efficient land use decisions are highlighted. The central problem is that information on the different possible land uses is not collected until the resource stock comes under some form of pressure.

The authors argue that one possibility is to exploit economies of scale and pool the resources of private investors and government to produce comprehensive assessments of the total resource base.

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