"This important volume brings together cutting-edge work by top scholars and age-old and emergent problems in the management of scarce natural resources. The authors address current high-stakes dilemmas like climate change and endangered species, as well as longstanding and evolving property rights systems for managing land, air, water, and other resources. In addition to the wealth of insights contained in the individual contributions, there is a tremendous synergy among the pieces, reflecting and extending the rich exchange of ideas in the conference that gave rise to this collection."--Lee Fennell, Max Pam Professor of Law, University of Chicago Law School
"Property in Land and Other Resources will soon become the definitive work on the question of why and how property rights emerge. Leading authorities weigh in on whether private property was a bottom-up experience to conserve overexploited resources, to facilitate resource use, or to protect psychological entitlements. Or, as some argue, property may be a top-down decision, whether either sovereigns or local governments acted to allocate resources more efficiently, particularly when resources were noncommodity goods such as air, endangered species, or climate. Others believe no simple theory can explain the dynamic political nature of ongoing property contests. This book will serve as the starting point for all future debates about the origins of property."--Jan G. Laitos, John. A Carver, Jr., Professor of Law, University of Denver Sturm College of Law