semicommons
A semicommons is a resource that is simultaneously a common-pool resource and a private property. This means that some individuals or groups have exclusive rights to use or manage the resource, while others have the right to access and use it under certain conditions. This duality creates a unique governance challenge, as it requires balancing individual property rights with collective access and use.
The concept of semicommons was introduced by economist and Nobel laureate Elinor Ostrom and her colleagues.
Examples of semicommons can be found in various domains. For instance, a national park might be considered
The effective governance of semicommons is crucial to avoid the "tragedy of the commons" or inefficient resource