Economics of Public Issues (19th Edition)
19th Edition
ISBN: 9780134018973
Author: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
Publisher: PEARSON
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Chapter 25, Problem 4DQ
In the United States, most fishing streams are public property, with access available to all. In Britain, most fishing streams are privately owned, with access restricted to those who are willing to pay for the right to fish. Anglers agree that over the past thirty years, the quality of fishing in the United States has declined while the quality of fishing in Britain has risen. Can you suggest why?
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