“…For example, landholders often have rights to clear native vegetation on their property to create commercial profitability in land. Exercise of these rights across large geographic scales, however, can fail to take account of the cumulative effects of activities on individual properties, resulting in widespread land and water degradation, biodiversity loss and anthropogenic climate change (e.g., Bartel & Graham, 2016; Nery, Sadler, White, & Polyakov, 2019). These ecological consequences arise primarily due to the inability of property rights regimes to protect both ecosystem goods and services (e.g., Chan, Satterfield, & Goldstein, 2012; Lant, Ruhl, & Kraft, 2008); to account for the interconnectedness of social‐ecological systems (e.g., Cooke & Moon, 2015; Freyfogle, 2001); and to balance rights with responsibilities (e.g., Guth, 2008; Rissman, 2013; Tomas, 2011).…”