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The Independent Review
Volume 1 Number 4
Spring 1997


Entrepreneurship and Coastal Resource Management
By Jeffrey J. Pompe
James R. Rinehart

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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