Freehold property confers a thick bundle of rights (exclude, use, benefit, sell, bequeath), whereas communal property is still private but typically has fewer 'sticks' in the bundle, and CBNRM provides an intermediate, somewhat lesser form of secured rights.

definitionpending

Speaker

Karol Boudreaux

Evidence Quote

communal property tends to have a few tends to have fewer sticks in its bundle than does freehold property

Source

Karol Boudreaux on Wildlife, Property, and Poverty in Africa 09/22/2008EconTalk
Created: 6/17/2026, 9:48:31 AM

My Notes

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