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?
Kenya might make 20 times more money from the Masai Mara Game Reserve, which is just a sixth of Tanzania's Serengeti, but this, reports Special Correspondent WYCLIFFE MUGA, comes at a huge environmental cost . By Wycliffe Muga PERC Media Fellow
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...