Allowing such “nonuse rights” to public natural resources would enable markets to advance environmental goals, leading to more stable and less contentious outcomes.
V. Kerry Smith
Julian Simon Fellow
Kerry Smith is a professor emeritus of environmental economics at the W.P. Carey School of Business at ASU. He is a member of the National Academy of Sciences and a university fellow at Resources for the Future, a nonprofit think tank based in Washington, D.C. He is also a fellow of the Association of Environmental and Resource Economists, and of the American Agricultural Economics Association. Smith came to ASU from North Carolina State, where he was a University Distinguished Professor and the Director of the Center for Environmental and Resource Economic Policy.