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The Right of Nonuse$
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Jan G. Laitos

Print publication date: 2012

Print ISBN-13: 9780195386066

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780195386066.001.0001

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The Economics of Resource Nonuse

The Economics of Resource Nonuse

Chapter:
(p.163) 15 The Economics of Resource Nonuse
Source:
The Right of Nonuse
Author(s):

Jan G. Laitos

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195386066.003.0015

This chapter uses an outgrowth of economics—game theory—to make the case that a more optimal result might occur if the natural resources “game” is viewed as consisting of more than just humans who wanted to use resources, and humans who wanted (usually for their own anthropomorphic purposes) to not use resources. If we empowered a third player, the natural resource itself, and permitted that new player to join the game as an equal member that could assert its own nonuse interest, then we (and the planet) would experience a preferable allocation of resource use and nonuse benefits.

Keywords:   game theory, nonuse, nonuse benefits

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