Monthly Archives: March 2011

Transaction cost became a prominent consideration in discussions related to externalities and ownership arrangements during the last half-century, Demsetz is now convinced that its importance in these matters is much…

This Essay reviews Michael Heller's book *The Gridlock Economy*, focusing especially on its conceptual priors. The book assumes as true the conception that follows from Calabresi and Melamed's Cathedral framework,…

This Article critiques Michael Heller's important contribution in *The Gridlock Economy*. At no point does this Article take the position that gridlock, or the associated anticommons, is not a serious…

Tragedy of the anticommons occurs when property rules fail to enable efficient social coordination. In radio spectrum, rights issued to airwave users have traditionally been severely truncated, leaving gains from…

Michael Heller's *The Gridlock Economy* popularizes a concept that Heller has developed over nearly two decades of influential academic writing: the notion that, when it comes to property rights, too…

Not everyone believes in the desirability of Intellectual Property (IP) rights for individual creators, but almost everyone believes that even when these rights make sense the cost of moving them…

When Michael Heller proposed that excessively fragmented property rights in land can frustrate its commercial development, patent scholars began debating whether Heller's anticommons theory applies to property rights in inventions.…

Nearly fifty years after Federal Communications Commission Chairman Newton Minow notoriously labeled television a "vast wasteland," the FCC has an opportunity to transform the barren terrain of broadcast spectrum into…

Over the past decade, pedicabs---bicycles with chariots attached that carry passengers for a fee---have grown from a quaint novelty to a full-grown industry in the United States. Once a relic…

The question of how to analyze the marriage of a transsexual person has been difficult for courts: if a person could be considered either male or female, who may that…

The Arizona Supreme Court recently issued opinions in two appeals of capital sentences in which the jury found that the murder was especially cruel. Although the two opinions were issued…

The Arizona Supreme Court's interpretation of a law affecting criminal procedure becomes, in theory, the "law of the land" in Arizona. In practice, uniform application of the law can be…