Authors Reed Watson and Brandon Scarborough briefly describe and give examples of how water markets can not only provide water where it is needed most, but avoid the acrimony of past water disputes.
As a research fellow at PERC, Brandon Scarborough focused on the use of water markets in the West to restore stream flows for wildlife, fish, and other environmental amenities. He also researched carbon sequestration and the efficacy of using forest management to address climate change. His other interests include the interactions between natural resources and institutional quality, climate change, and how economic prosperity affects individuals’ demands for environmental quality.
Brandon is a native of North Carolina where he earned bachelor’s degrees in business and biology at Appalachian State University. He also holds a master’s degree in applied economics from Montana State University. He lives in Bozeman where he enjoys hiking, biking, skiing, and all of the surrounding mountains, preferably with snow on them.