John Batchelor interviews Kurt Schnier about PERC’s Enviropreneur Institute. He explains how the value of goods is reflected in prices, and how markets can improve environmental amenities.
Can market forces balance efficiency-equity tradeoffs in marine fisheries?
As overfishing depletes marine resources and reduces incomes for fishermen, a new approach giving fishermen a share in their fishery is soving by an environmental and economic problem. Catch-share management with a strong local leader in charge is winning converts around the world.
This research empirically investigates cooperative behavior in a natural resource extraction industry in which the provision of a public good (bycatch avoidance) in the Alaskan flatfish fishery is essential to the duration of the fishing season, and an information provision mechanism exists to...