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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

Abstract:
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.

Keywords: space law, property, moon treaty, collective action, Reynolds, Merges

Accepted Paper Series

Date posted: November 05, 2007 ; Last revised: November 06, 2007

Suggested Citation

Reynolds, Glenn Harlan and Merges, Robert P., Space Resources, Common Property, and the Collective Action Problem. NYU Environmental Law Journal, Vol. 6, No. 1, 1997. Available at SSRN: http://ssrn.com/abstract=1025529

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Contact Information

Glenn Harlan Reynolds (Contact Author) University of Tennessee College of Law ( email ) 1505 West Cumberland Avenue Knoxville, TN 37996-1810 United States 865-974-6744 (Phone)
Robert P. Merges University of California, Berkeley - School of Law ( email ) Boalt Hall Berkeley, CA 94720-7200 United States 510-643-6199 (Phone) 510-643-6171 (Fax)