The Value of Secure Property Rights: Evidence from Global Fisheries
---- Acknowledgements -----
The authors thank Spencer Banzhaf, Robert Deacon, Steven Gaines, Donald Leal, Gary Libecap, Marty Smith, and Wally Thurman. We also thank seminar participants at the NBER, Columbia, UC-Santa Barbara, University of Minnesota, University of Washington, University of Wisconsin, and Yale. Research funding was provided by the Paul G. Allen Family Foundation and PERC. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.