Fisheries the world over are poorly managed and under stress. Yet, proper fishery management can both conserve fisheries and maintain their value as a resource for human consumption. One approach long recommended by economists has been the allocation or recognition of property rights in...

Antitrust law aims to protect consumers from anti-competitive conduct that can restrict output and increase price. Conservation, on the other hand, often requires restrictions on output in order to maintain resource consumption at a sustainable level. Thus, while antitrust and environmental law...