A property-rights solution to the problem of the poaching of elephants for their ivory would be to:
A)assign the property rights of the elephant herds to specific tribes.
B)increase enforcement efforts against poachers.
C)ban the importation of ivory.
D)tax ivory products.

Question

Quizplus · Accepted Answer

The property rights approach uses assignment of ownership to provide incentives for optimal use.

A Property-Rights Solution to the Problem of the Poaching of Elephants