Dean Lueck, Jonathan Yoder
In this PERC Policy Series essay, Dean Lueck and Jonathan Yoder use economics to examine wildfire management and current wildfire policy debates.
Ecosystem services such as clean water from forests are free, but now their value is being recognized. Entrepreneurs are developing markets for these services and providing incentives for conservation.
Markets for ecosystem services such as water filtration, erosion control, and pollination benefit the providers and enhance environmental assets.