Net social gains are independent of who has the property rights to environmental resources.
The net gains to society differ depending upon who holds the property rights to pollute.

Question

Quizplus · Accepted Answer

Net social gains are not independent of who has property rights to environmental resources, as the incentives and motivations of the property owner can affect the conservation and use of the resource. Additionally, the net gains to society can also differ depending on who has the property rights to pollute, as the cost of pollution and its effects on public health and the environment should be considered in determining the appropriate allocation of property rights.

Net Social Gains Are Independent of Who Has the Property