Lone Mountain Fellowships offer a unique opportunity for scholars, journalists, policy-makers, and environmentalists to advance our understanding of the role of markets and property rights in protecting and enhancing environmental resources. Lone Mountain Fellows are resident at PERC in Bozeman, Montana, for periods ranging from a week to several months, depending on the nature of their projects.
Here is a small sample of the types of projects that a Lone Mountain Fellow might undertake:
- Completion of a book or other large-scale research project while on sabbatical
- Initial development of a dataset or other source materials to be used for subsequent research
- Writing a policy study, magazine article, or newspaper series
- Initiation or completion of a scholarly paper for a major academic journal
The project focus must be on natural resources and environmental issues, including the study of property rights. Whatever the nature of the projects, all Fellows are expected to give at least one seminar at PERC. Lone Mountain Fellows are expected to interact with other PERC scholars and fellows while in residence, and it is intended that the fellowship period be thought of as an opportunity to either establish or strengthen a continuing relationship with PERC.
Stipends for Lone Mountain Fellows vary with the nature of the work, duration of residence at PERC, and the Fellow's qualifications. A minimum stay for Lone Mountain Fellows is typically two weeks, while some fellowships extend for three months; stipend support is commensurate with the length of stay. Fellows usually visit during the summer. There may be instances in which a fellow's funding will be an important salary supplement during a sabbatical semester or year spent at PERC. Fellows are responsible for their own travel, living arrangements, and living expenses. Timing of stipend payments varies with the circumstances of the fellowship, although in every instance 25 percent of the stipend is withheld until completion of the final project, generally expected by Dec. 31 of the year in which the fellowship is undertaken.
“The unique aspect of this program that makes it particularly important in advancing institutional understanding of environmental quality is bringing together legal, policy, and economic thinkers interested in similar problems, but approaching them from different directions... Interdisciplinary thinking — like that fostered at PERC in the summers — is vital to translating good ideas into real-world policy.” — Karen Bradshaw, Sandra Day O’Connor School of Law, Arizona State and University of Chicago Law School
“The intellectual environment at PERC is crucial for the continued existence of scholarship taking an institutional approach to environmental questions. Scholars that study property rights, institutions, and the environment are now scattered across a variety of academic departments and disciplines. Assembling a subset of these scholars in one place for the summer allows these scholars to connect with one another and provides crucial guidance and support for young scholars who wish to continue this intellectual tradition.” — Bryan Leonard, Institute of Sustainability, Arizona State University
The Lone Mountain Fellowships are now open for 2018.