Daniel Benjamin 10/03/2010
In open-access settings, high-quality resources are lucrative; yet keeping out potential entrants may be extremely costly.
Peter Hill 06/01/2010
The basic idea was that bottom up, rather than top down, development of property rights, offered a useful tool for analyzing many resource issues.
Private landowners with river and streams running through their property claim that stretch of water as their own, but rafters who float by claim the water belongs to the public.
Daniel Benjamin 03/01/2010
By Daniel K. Benjamin
Randal O'Toole Senior Fellow at the Cato Institute