Property Rights and Pollution

Duration: 800 Feet

Year Published: 1977

Creator: Foundation for Research in Econmics and Education Walt Disney Educational Media Co Terry Kahn Organization

Complete Record: Shows how the exchange of well-defined property rights can direct goods to their highest valued users, and contrasts this with the difficulties encountered when property rights are not well defined or exchangeable. Illustrates this concept in the context of air and water usage.