The Technology of Property Rights

Terry Anderson and P.J. Hill have done it again: they have brought together a diverse group of scholars and encouraged cross fertilization between economics, history, engineering, and natural resource management. The resulting book is a fascinating exploration of the ways in which technological advances, in facilitating the definition and enforcement of property rights, can solve some of our most difficult resource problems. — Elizabeth Brubaker, Environmental Probe

Fascinating case studies demonstrating how improvements in technology, especially recent advances in satellite imaging and computer technology, are lowering the costs of: improving water quality, enforcing catch limits in fisheries, and detecting the sources of harmful emissions. New technologies are lowering the costs of defining, defending, and exchanging property rights to environmental resources, raising their values, thereby preventing their premature exploitation. — John McArthur, Wofford College