Access the full text.
Sign up today, get DeepDyve free for 14 days.
References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.
Roger Bate' The topic that I have chosen to discuss today is that of water pollution prevention and specifically river pollution prevention, in the UK. River Pollution is a real and vitally important problem for many developed and developing countries. Yet it is not a world-wide glamorous popular problem -- it is usually a localised one. English and Welsh Courts and Local Councils have been successfully handling pollution disputes (especially water pollution disputes) for centuries. However, most modem policymakers ignore the long-established institutions and how they worked in the past. Each new regulator has designed new institutions (institutions are the legal rules/framework) with little regard to what went before. This lack of empiricism, this lack of institutional analysis will not be of surprise to those who remember the work of Nobel Laureate Ronald Coase. Twenty years ago Coase wrote a paper called "The Lighthouse in Economics", in it he challenged the traditional analysis which assumed that lighthouses had always been provided by the state due to the "impossibility of securing payment from the owners of the ships that benefit from the existence of the lighthouse, making it unprofitable for any private individual, or firm, to build, and maintain
Journal des Économistes et des Études Humaines – de Gruyter
Published: Jun 1, 1996
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.