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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…