The problem with “managing” a commons is the principal-agent problem — that the people you appoint to do the management will often wind up making or interpretin

The problem with “managing” a commons is the principal-agent problem — that the people you appoint to do the management will often wind up making or interpreting the rules in a way that benefits themselves. I don’t see much in these principles to overcome that problem — the principles seem to be written on the assumption that you are the manager and that you are perfectly virtuous and want what’s best for everybody. Divvying commons into private property has the underrated advantage that it requires less ongoing management so it has fewer opportunities for corruption.