Efficient Allocation of Property Rights on the Planet Mars
Boston University Journal of Law and Technology, Vol. 14, No. 2, p. 201-220, Summer 2008
28 Pages Posted: 21 Feb 2010 Last revised: 22 Dec 2016
Date Written: 2008
This paper examines the need to foster competition in the exploration of the solar system through the motivation of private profit, in contrast to the concepts of communal ownership of space resources as expressed in international treaty law. this paper draws upon recent US governmental policy outlining the objective of exploring and ultimately colonizing the planet Mars. This paper suggests a principle of geographically limited ownership on the Mars based on the historic concept of first possession.
Keywords: Space Law, Mars, Property
Suggested Citation: Suggested Citation