Energy exploration on wilderness: privatization and public lands management
This note reviews three perspectives relevant to the balance of private and public interests in land resources: 1) the technical feasibility of private exploitation of publicly held lands, 2) economic efficiency, and 3) valuative questions of social welfare. It concludes that greater attention to the technical, economic, and social value of land resources is essential to the development of reasonable guidelines for the allocation of property rights. Policy in some cases will favor privatization, and in other cases will favor wilderness. The level of public debate in deciding these cases will be raised if it avoids ideology and rhetoric, and concentrates on more relevant issues. 88 references, 1 table.
- Research Organization:
- Univ. of Minnesota, St. Paul
- OSTI ID:
- 6946449
- Journal Information:
- Land Econ.; (United States), Vol. 60:1
- Country of Publication:
- United States
- Language:
- English
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