decision theory to more fully explain both why the conventional law focuses on minimizing the risk of false-positive outcomes … and why the modern law should be crafted to minimize total probate-error risk. Decision theory suggests that, to identify …

Economists often envision commons and anticommons as occurring from either too few or too many rights-claimants over a … good. While this perspective has an intuitive appeal, it obfuscates similarities between commons and anticommons, with … significant impact on proposed policy solutions. This paper argues for a two-dimensional approach to commons and anticommons aimed …

this wider approach in dealing with environmental commons, particularly with global environmental commons, discussing two …

In the conventional theory of common-pool resources, participants do not undertake efforts to design their own …, in this chapter, I briefly review the conventional theory of common-pool resources. Then, I provide an overview of the … empirical studies that test this theory in experimental laboratories. In the third section, I provide an overview of the …