Entrepreneurship and Coastal Resource Management
By Jeffrey J. Pompe, James R. Rinehart
This article appeared in the Spring 1997 issue of The Independent Review

In response to market incentives, private developers are protecting shorelines where traditional bureaucratic management has led to erosion and pollution. As consumer affluence and environmental knowledge increase, this trend will accelerate, especially where property owners have similar tastes and a strong system of protective covenants.

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