Limited tenure

Natural resource use with limited-tenure property rights

We study the dynamic harvest incentives faced by a renewable resource harvester with insecure property rights. A resource ‘‘concession’’ is granted for a fixed duration, after which it is renewed (with a known probability) only if a target stock is achieved. Despite the insecurity of this property right, simple concessions contracts can be designed to induce first best harvest trajectories. We ...

Land Tenure

Farming in sub-Saharan Africa outside South Africa typically takes place on small plots cultivated by individuals. The land tenure system is often described as 'communal', meaning that land is owned by a kin-based or political group and that individuals obtain the right to cultivate through their membership in that group. If a generalization is possible about the process through which people ob...

Promotion and tenure.

European tenure games

Land-Tenure Policy Reforms

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