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Common Property Resource

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A Common Property Resource (CPR) is produced by a sufficiently large resource system that makes it costly but not impossible to exclude potential beneficiaries.

A resource system can be regarded as a stock variable that is under favorable conditions capable of producing a maximum quantity of a flow variable, without harming the stock or the resource system itself.

Examples are: Fishing grounds, vast and open pastures.

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This page was last modified 19:35, 9 Mar 2003.
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