The tragedy of the outer space commons?

Check out this fascinating paper Earth Orbit Debris: An Economic Model in which the problem of space debris is modeled as a negative externality. What is the optimal number of space satellites, and who decides? Do you believe there are already too many satellites in low-Earth orbit … or too few? Should there be property rights in space orbits?

About F. E. Guerra-Pujol

When I’m not blogging, I am a business law professor at the University of Central Florida.
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