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?
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.
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...