What happens when Property Rights are Extended?

-This is a way of Dealing with Market Failures -Owners can Charge Consumers and Producers for Using the Property, plus, Sue if Permission ain't been Granted -Negative Externalities are Internalised, therefore. A Value has been established on the Property (Uses determined by Supply and Demand) -Money Raised from Charing Polluters can Reduce the Effects of any Negative Externalities -Also improve Management of Resources, so it can last longer. Further Monitoring and Regulation is also Achieved