Terry Anderson is the executive director of PERC—the Property and Environment Research Center, a non-profit institute dedicated to improving environmental quality through markets; Senior Fellow at the Hoover Institution, Stanford University; and professor emeritus at Montana State University. Anderson's work helped launch the idea of "free market environmentalism" with the publication of his book by that title, coauthored with Donald Leal. Government subsidies often degrade the environment, he points out, and private property rights encourage resource stewardship by harnessing market incentives to individual initiative for protecting environmental quality. His broad-ranging ideas have provided a refreshing and stimulating look at complex and seemingly intractable environmental problems. Anderson is the author or editor of over 30 books. His latest publications include Self-Determination: The Other Path for Native Americans (Stanford University 2006), Accounting for Mother Nature: Changing Demands for Her Bounty (Stanford University Press 2008), and Greener Than Thou: Are You Really An Environmentalist? (Hoover Institution Press 2008). Anderson has published widely in both professional journals and the popular press, including The Wall Street Journal, the Christian Science Monitor, and Fly Fisherman. He received his B.S. from the University of Montana in 1968 and his Ph.D. in economics from the University of Washington in 1972. Anderson is an avid outdoorsman who enjoys hunting, fishing, skiing and hiking. He is a skilled bow hunter and has hunted throughout North America and Africa.

Daniel Benjamin is Alumni Distinguished Professor of Economics at Clemson University and senior fellow and fellowship program director at PERC. After graduating Phi Beta Kappa from the University of Virginia, he obtained the M.A. and Ph.D. degrees from UCLA, where he was a National Science Foundation Fellow. He has taught at the University of Washington and the University of California Santa Barbara. Professor Benjamin has served as staff economist on the Council of Economic Advisors and has been a National Fellow at the Hoover Institution, Stanford University. He also has served as Deputy Assistant Secretary for Policy and later as Chief of Staff at the U.S. Department of Labor. He has been a Visiting Scholar at the University of Liverpool, England; Cardiff University, Wales; and the American Enterprise Institute. During 2004-5 he was the Caird Honorary Research Fellow at the National Maritime Museum, Greenwich, England. In 2008 Clemson University named him Alumni Master Teacher. Benjamin has published dozens of scholarly articles and authored or edited more than a dozen books. He has been associate editor of the scholarly journal Economic Inquiry, and served on the executive committee of the Western Economic Association.

P.J. Hill is a professor of economics at Wheaton College and a PERC senior fellow. His research and articles, especially on the evolution of property rights in the American West, helped found the New Resource Economics. He is coauthor of The Birth of a Transfer Society, Eco-Sanity: A Common Sense Guide to Environmentalism, and several articles including The Race for Property Rights, Property Rights as a Common Pool Resource, and A Privatizing the Commons. Hill is coeditor with Terry Anderson of Water Marketing: The Next Generation (1997), Environmental Federalism (1998), and other volumes in PERC=s Political Economy Forum Series. His latest book, The Not So Wild, Wild West, coauthored with Terry Anderson, was published by Stanford University Press and was awarded the 2005 Sir Antony Fisher International Memorial Award. As an economic consultant, he has worked with the Bulgarian government in their attempts to privatize agricultural lands. Hill received his B.S. from Montana State University and his Ph.D. from the University of Chicago.

Holly Fretwell is adjunct professor at Montana State University and a PERC research associate whose current research emphasis is on public lands management. Fretwell has worked with Northwest Economics Associates in Vancouver, Washington, where she examined timber export regulation in the Pacific Northwest, and has consulted for organizations including Plum Creek Timber and the Center for International Trade in Forest Products (CINTRAFOR). She has presented papers promoting the use of markets in public land management and has provided congressional testimony on the state of U.S. national parks and the future of the Forest Service. Fretwell holds a bachelors degree in political science and a masters degree in resource economics from Montana State University.

Todd Graham is the manager of Madison Valley Expeditions LLC, a newly formed tourism company based in Ennis, Montana, that is owned by the nonprofit Madison Valley Ranchlands Group. He is also president of Aeroscene Land Logic, a Montana-based firm providing ranch management, grazing planning, and rangeland health monitoring services to landowners and livestock producers across the West. Graham works with partners at Beartooth Capital as aggregators through the Chicago Climate Exchange in enrolling landowners to sell their carbon credits on the open market. Born and raised in Wyoming, Graham obtained a degree in rangeland science from the University of Wyoming and has been studying ranch management ever since. He focused on adding conservation value to ranches he managed in Wyoming and Montana, while seeking viable livestock operations simultaneously. He serves on the University of Wyoming's Institute for the Environment and Natural Resources Board and served on the Board of the Greater Yellowstone Coalition, where he held a two-year term as its chair.

Kurt Schnier is an associate professor in the Department of Economics, Andrew Young School of Policy Studies at Georgia State University. Schnier received a B.S. in management sciences from the University of California at San Diego, an M.A. in environmental studies from the University of Pennsylvania, and his Ph.D. in economics from the University of Arizona. His research is primarily focused on facilitating the development of efficient marine resource policy and determining how fishermen respond to current and prospective fisheries management regimes. To achieve this goal Dr. Schnier utilizes econometric, experimental and simulation modeling methods. More specifically, his research has focused on the development and utilization of dynamic discrete choice models to evaluate fisheries policy, utilizing property rights to manage essential fish habitat, the role of spatial externalities in resource management, estimation of capacity in fisheries, investigating heterogeneous preferences, and risk-taking behavior in natural resource extraction industries. In addition to his research in marine resource management, he has been actively involved in research on charitable auctions and the provision of public goods.