Common Property Resource

A Common Property Resource or Common Pool Resource (CPR) is produced by a sufficiently large resource system that makes it costly but not impossible to exclude potential beneficiaries.

A resource system can be regarded as a stock variable that is under favorable conditions capable of producing a maximum quantity of a flow variable, without harming the stock or the resource system itself.

Examples are: Fishing grounds, vast and open pastures.

See also

• Collective action
• Free rider problem