Space Resources, Common Property, and the Collective Action Problem
Glenn Harlan Reynolds
University of Tennessee College of Law
Robert P. Merges
University of California, Berkeley - School of Law
NYU Environmental Law Journal, Vol. 6, No. 1, 1997
The subjects of lunar mining, asteroidal resource extraction, and orbital solar power are again attracting considerable attention, leading to more discussion of space property rights regimes. This article discusses both private-property regimes and centralized regulatory regimes of the sort envisioned by the 1979 Moon Treaty, and also notes that private property regimes may actually be both more productive of wealth and more beneficial for the space environment than centralized regulatory schemes.
Number of Pages in PDF File: 17
Keywords: space law, property, moon treaty, collective action, Reynolds, Merges
Date posted: November 5, 2007
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