Legal Obstacles to Private Ordering in Marine Fisheries

Abstract

Part II of this Article surveys the challenges of marine conservation, the failures of existing regulatory regimes, and the potential for property rights in marine resources. Part III discusses the nature of private ordering, providing examples that arise from the fisheries context. Part IV discusses how legal rules can inhibit private ordering. That section focuses in particular on how antitrust law has impeded cooperative fishery management. Part V then explores possibilities for overcoming antitrust obstacles to private ordering. This Article concludes with some broader thoughts about the implications of this research for resource conservation