The environmental movement will have to rely more on market solutions if we wish to conserve our precious natural resources.
Types Archives
Learning How to Fish
Fisheries around the world are poorly managed. As Jonathan Adler explains in the UCLA Journal of Environmental Law and Policy, property-based management can conserve fisheries and maintain their value for human consumption.
Transaction Costs and Environmental Markets: The Role of Entrepreneurs
As published in Oxford Journal’s “Review of Environmental Economics and Policy,” Terry Anderson and Nick Parker show that entrepreneurs guide the evolution of property rights, which in turn can lower the transaction costs of using markets to solve environmental problems.
Conservative Principles for Environmental Reform
Major environmental policy reform is long overdue. PERC’s Jonathan Adler outlines the foundation of a conservative alternative to the conventional environmental paradigm.
Global Environmental Governance
Why is productive environmental governance so hard, and what might be learned from how corporate governance mechanisms address related problems? Dino Falaschetti’s article addresses these questions, both in principle and in application to global fisheries.
Common property, information, and cooperation:
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 relay information to all individuals.
Environmental Kuznets Curves, Carbon Emissions, and Public Choice
Environmental Kuznets Curves for carbon emissions raise doubts about the feasibility of reducing global carbon emissions..
Repeated adjustment of delegated powers and the history of eminent domain
The authors explore the history of eminent domain in the United States—a history characterized by periodic public backlash.
Performing due dilligence on green energy investments
By Andrew P. Morriss Madam Chairman and members of the Committee, thank you for the opportunity to testify before your Committee as you consider the important question of the role of public investment in alternative energy sources, such as solar power, and the impact of that investment on our economy. An aggressive push for publicContinue reading “Performing due dilligence on green energy investments”
The Demand for Environmental Quality: An Application of Hedonic Pricing in Golf
By Frank F. Limehouse,Peter C. Melvin,andRobert E. McCormick The analysis uses an exhaustive golf course database that contains over 100 golf course variables on more than 15,000 golf courses in the United States combined with data from the Audubon International Cooperative Sanctuary Program to examine the market setting of environmental certification on golf courses. UsingContinue reading “The Demand for Environmental Quality: An Application of Hedonic Pricing in Golf”