Heller on Gridlock and the Tragedy of the Anticommons

Heller on Gridlock and the Tragedy of the Anticommons

From: EconTalk
0 0 10 years ago
Michael Heller of Columbia Law School and author of The Gridlock Economy talks to EconTalk host Russ Roberts about the book and the idea that fragmented ownership is a barrier to innovation. Heller makes an analogy between the tragedy of the commons and what he calls the tragedy of the anticommons--the problem of bundling together numerous individual claims to a resource. Examples discussed include drug innovation when the innovator wants to use technologies of multiple patent holders, new ... See More

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