From: What are the environmental impacts of property rights regimes in forests, fisheries and rangelands?
Property right | Definition |
---|---|
Access | The right to enter a defined physical property |
Withdrawal | The right to enter a defined physical area and obtain resource units or products of a resource system (e.g., cutting firewood or timber, harvesting mushrooms, diverting water) |
Management | The right to regulate internal use patterns and transform the resource by making improvements (e.g., planting seedlings and thinning trees) |
Exclusion | The right to determine who will have right of withdrawal and how that right may be transferred |
Alienation | The right to sell or lease withdrawal, management, and exclusion rights |
Income | The right to earn income from a resource even without using it directly and is derived from permitting others to use the resource |