A New Primer for the Management of Common-Pool Resources and Public Goods Baden 1977

A seemingly balanced perspective on the relative advantages and disadvantages of private v.s. public management of common-pool resources. I'm starting to realize that public/private is the wrong split, and it is more a question of centralized v.s. decentralized (which doesn't equate as nicely as with the latter as we are inclined to believe). Cases bargaining costs as opportunity costs in governmental (and more generally collective) action.

It has those simple micro-econ graphs that make me want to learn micro econ. It seems to settle on private, equating that, in conclusion, with "careful institutional design"