How important are property rights to the environment


Problem

I. Considering what we've learned about externalities, should human-caused global warming be completely stopped? Explain, using the language of social benefits and social costs.

II. The environment and property rights - this is an econtalk episode on how to use well-defined property rights to protect the environment. What do you think? How important are property rights to the environment? Do you personally do better job of caring things that belong to you? Why or why not?

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Microeconomics: How important are property rights to the environment
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