Antibiotic effectiveness: New challenges in natural resource management

Problems of optimal natural resource extraction that were first addressed by economists in the contexts of fisheries and forests have reemerged in the context of a newly recognized resource: antibiotic effectiveness. This review introduces economists to the growing literature on optimal use, innovation, and regulation of antibiotic effectiveness. Along the way, we draw links and parallels to similar problems in the management of other resources with which economists may be more familiar, and we address new questions that have arisen in the context of antibiotic effectiveness but that are also relevant to other resources.