Lone Mountain Fellows 2012
- Randal Rucker: Professor of Agricultural Economics at Montana State University
Topic:Indian and Non-Indian Salmon Fisheries
Paper: The Microeconomics of a Natural Resource Boom: Evidence from the Washington State Tribal Fishery
- Andrew Hanssen: Professor of Economics at Clemson University
Topic: Eminent Domain in the 19th Century Railroad Boom
Paper: Courts, Legislatures, and the Adaptability of Property Rules: Eminent Domain in the 19th Century Railroad Boom
- Michael 't Sas-Rolfes: Wildlife Consultant in South Africa
Topic: Markets for Wildlife
Paper: Can Legal Trade in Rhino Horn Save Rhinos?
- Tim Fitzgerald: Professor of Agricultural Economics at Montana State University
Topic: Incorporating Water Quality into Prior Appropriation
Paper: Prior Appropriation and Water Quality
- Sarah Hallier: International Relations Graduate Student at Harvard University
Topic: Markets for Wildlife
Paper: Evaluating the Role of CITES in Protecting Rhinos
- Jonathan Klick: Professor of Law at the University of Pennsylvania
Paper: Plastic Bag Bans and Foodborne Illness
- Gary Libecap: Professor of Economics at the University of California, Santa Barbara
Topic: Addressing Global Externalities
Paper: Addressing Global Externalities: Transaction Costs Considerations
- Quinn Weninger: Professor of Economics at the University of Iowa
Topic: Market Speculation and Environmental Permits
Paper: Fleet Rationalization Under Individual Transferable Quotas
- Frank Wolak: Professor of Economics at Stanford University
Topic: Increasing the IQ of the Smart Grid
Paper: An Experimental Comparison of Critical Peak and Hourly Pricing: The PowerCentsDC Program
- JB Ruhl: Professor of Law at Vanderbilt University Law School
Topic: Background Principles for Post-Stationarity Property Law
Paper: Global Climate Change and US Law: The Next Legal Frontiers
- Jonathan Yoder: Professor of Economics at Washington State University
- Dean Lueck: Professor of Economics at the University of Arizona
Topic: Institutions and Wildfire Suppression
Paper: Economic Organization and Wildfire: Complex Property Rights and Emergency Conditions
- Jason Johnston: Professor of Law at the University of Virginia Law School
Paper: Global Warming and the End of Environmental Law
- John Briscoe: Professor of the Practice of Environmental Health at Harvard University
Paper: The Challenge of Water in a Changing World
- Dominic Parker: Professor of Economics at the University of Wisconsin, Madison
Topic: Natural Resources and American Indians
Paper: The Unintended Consequences of Conflict Mineral Regulations
- Harrison Zeff: Environmental Engineering PhD Candidate at the University of North Carolina, Chapel Hill
Paper: Incentives for Water Utilities and Consumers During Drought
Lone Mountain Fellows 2011
- Claire Priest: Professor of Law at Yale Law Scool
Topic:Creating an American Property Law
Seminar: The Colonial Transformation of Property and the Formation of an American Legal Order, 1650-1820 - Christopher Costello: Professor of the Environmental and Resource Economics at the Bren School of Environmental Science & Management, UC Santa Barbara
Seminar:Enhanced Conservation Via Marine Property Right - Bart J. Wilson: joint appointments with the Argyros School of Business and Economics, the School of Law, and the Wilkinson College of Humanites & Social Sciences at Chapman University.
Topic: Territorial foundations of human property - Daniel Kaffine: Assistant Professor in the Division of Economics and Business at the Colorado School of Mines
Topic: Severable wind rights from an economic perspective
Seminar: Wind Power and Split Estate - Dino Falaschetti: Associate Professor of Law and Economics at Florida State University
Topic: Transactions cost leadership
Seminar: Transactions cost leadership on the politics, law, and economics of creating wealth and spreading opportunity - Eric Coleman: Assistant Professor of Political Science at Florida State University
Topic: The effects of different types of property rights on environmental sustainability
Seminar: Property Rights and Environmental Sustainability: Household Evidence from Bolivia, Kenya, Mexico, and Uganda - James Salzman: Joint appointments at Duke University at the Samuel Fox Mordecai Professor of Law and as the Nicholas Institute Professor of Environmental Policy
Topic: Game Theory
Seminar: Gaming the Past: The Theory and Practice of Historic Baselines in the Administrative State - Jeffrey Bennett:: Distinguished Fellow of the Australian Agricultural and Resource Economics Society
Topic: Little Green Lies
Seminar: Property Rights and Land Degradation in China - Jonathan Adler: Professor of Law and Director of the Center for Business Law and Regulation at the Case Western Reserve University School of Law
Topic: Firm theory and contemporary pollution problems
Seminar: Property Rights and Land Degradation in China - Matthew Neidell:: Associate Professor of Health Policy and Management at Columbia University
Topic: Willingness to pay for water quality - Mathew Kahn: Professor at the UCLA Institute of the Environment, the Department of Economics, and the Department of Public Policy
Topic: Cities adaptation to climate change
Seminar: How will climate change impact urbanities and their cities? - Michael ‘t Sas-Rolfes: Sustainability Economist and Consultant
Topic: International Wildlife Trade Policy - Richard Rice: President of the Save Your World Foundation
Topic: Misaligned Incentives and Trade-offs in Allocating Conservation Funding
Seminar: Property rights and conservation agreements in developing countries - Sergey Mityakov: Professor of Economics at Clemson University
Topic:Oil trade diversification, international relations, and energy security
Seminar: Political Limits on World Oil Trade - Randy Rucker: Professor of Agricultural Economics and Economics at Montana State University
Topic: Pollination markets and colony collapse disorder in bee populations
Seminar: The Economic Consequences of Bee Disease - Steven Medema: Professor of Economics and the Director of the University Honors and Leadership Program at the University of Colorado Denver
Topic: Coase and the Environment
Seminar: Of Coase and Carbon: The Coase Theorem in Environmental Economics, 1960-1979 - Todd Zywicki: Foundation Professor of Law at George Mason University
Topic: Takings Law
Seminar: The Political Economy of Takings Law: Of Public Use and Just Compensation
Lone Mountain Fellows 2010
- Bart J. Wilson: joint appointments with the Argyros School of Business and Economics and the School of Law at Chapman University.
Topic: Whaler's Rule of Capture
Seminar: "The Ecological and Civil Mainsprings of Property: An Experimental Economic History of Whalers' Rules of Capture" (coauthors: Taylor Jaworski, Karl Schurter, and Andrew Smyth) - Matthew Turner: Professor in the Department of Economics at the University of Toronto.
Topic:Urban Travel/Road Congestion
Seminar: "Urban Travel/Road Congestion" - Brian Steed: Researcher and teacher in the Huntsman School of Business at Utah State University.
Topic: Water Rights
Seminar: "The impact of adjudication on groundwater resources: An over time look at groundwater governance in Los Angeles County, California" - Paul Schwennesen: Double Check Ranch.
Topic: Conservation Easements
Seminar: "When Eminent Domain and Conservation Easements Collide: An Arizona Ranching Family Finds Itself in a Conservation Quagmire" - Kurt Schnier: Associate Professor of Economics at Georgia State University. .
Topic: Fisheries
Seminar: "Regional delivery impacts in rights-based fisheries " - Mark Sagoff: Director and Senior Research Scholar at the Institute for Philosophy and Public Policy at the University of Maryland, College Park.
Topic: Markets for Ecological Services
Seminar: "The Quantification and Valuation of Ecosystem Services" - Matthew Neidell: Assistant Professor in the Department of Health Policy and Management, Mailman School of Public Health, at Columbia University.
Topic: Impact of environmental conditions on worker productivity
Seminar: Research Results - Robert H. Nelson: Professor of Environmental Policy at the School of Public Policy of the University of Maryland and a senior scholar at the Mercatus Center. .
Topic: Land Forum
Seminar: "The New Holy Wars: Economic Religion versus Environmental Religion " - Jason Johnston: Professor of Law and Director, Program on Law, the Environment, and the Economy, at the University of Pennsylvania School of Law.
Topic: Optimal Degree of Regulatory Deference to Scientific Experts
Seminar: "Profits or Social Networks: What Determines the Bribe Payments Made by Entrepreneurs in Eastern Europe?" - Todd BenDor: Assistant Professor of City and Regional Planning at the University of North Carolina at Chapel Hill.
Topic: Assessing Regulatory and Entrepreneurial Risk in US Wetland and Stream Markets
Seminar: "Forces Promoting U.S. Wetland and Stream Banking" - Larry Chavis, Assistant Professor of Strategy and Entrepreneurship at the University of North Carolina's Kenan-Flagler Business School.
Topic: Weak Institutions and Ability of American Indians to Become Entrepreneurs
Seminar: "Profits or Social Networks: What Determines the Bribe Payments Made by Entrepreneurs in Eastern Europe?" - Christopher Costello, Associate Professor of Environmental and Resource Economics at the Donald Bren School of Environmental Science & Management, University of California-Santa Barbara.
Topic: Spatiality
Seminar: "Marine protected areas in spatial property-rights fisheries, Unitization of spatially connected renewable resources " - Anca M. Cotet, Assistant Professor of Economics at Ball State University
Topic:Climate Change Mitigation
Seminar: "Technological Improvement and Climate Change Mitigation: Evidence from the Diffusion of Air Conditioning and Seasonal Mortality in the United States" - Rebecca Goldman, Central Science Division of the Nature Conservancy
Topic:Markets for Ecosystem services in Patagonia
Seminar: "Ecosystem Services: Developing Markets to Help Conserve Patagonia Grasslands Proposal and Work Plan for Advancing Ecosystem Service Contracting " - David Haddock, Professor of Law and Economics at Northwestern University
Topic: CAFE
Seminar: "CAFE - the Corporate Average Fuel Economy Mandate"
Lone Mountain Fellows 2009
- Jonathan Adler, Professor and Director, Center for Business Law and Regulation, Case Western University School of Law
Topic: "Labeling law--the extent to which the government can require companies to disclose truthful information" - Sarah Anderson, Assistant Professor, Department of Political Science, University of California-Santa Barbara
Topic: "The problem with neighbors: Jurisdictions and resource use" - H. Spencer Banzhaf, Associate Professor of Economics at Georgia State University
Topic: Markets for Land and Pollution: The Political Economy of Environmental Justice - Olivier Deschenes, Associate Professor of Economics at the University of California, Santa Barbara
Topic: The Impact of Climate Change on Health in India: Evidence from Annual Fluctuations in Weather - Eric Mack, Professor of Philosophy, Tulane University
Topic: The Natural Right of Property - Gregory L. Poe, Associate Professor, Department of Applied Economic Management, Cornell University
Topic: Primer on Water Trading - Larry E. Ribstein, Visiting Professor of Law, New York University Law School
Topic: The Market for Environmental Law - Robert P. Saldin, Assistant Professor, Department of Political Science, University of Montana
Topic: The Role of Natural Resources in Western Politics - Kurt E. Schnier, Associate Professor, Department of Economics, Georgia State University
Topic: Production Efficiency, Exit, and Co-op Formation in Rights-Based Fisheries - Kevin Tsui, Assistant Professor of Economics, Clemson University
Topic: Economic and Environmental Curse of Oil: Dutch Disease or Malthusian Trap?
Lone Mountain Fellows 2008
- Steve Bick, Consulting Forester and Adjunct Faculty Member, State College of New York-College of Environmental Science and Forestry
Seminar: "Forest Enterprise of the Adirondacks - Christopher Costello, Assistant Professor, Donald Bren School of Environmental Science and Management, University of California-Santa Barbara
Topic: Can spatial property rights fix fisheries? - Jason Johnson, Professor of Law and Director, Program on Law, the Environment, and the Economy, University of Pennsylvania School of Law
Topic: Climate change hysteria and the Supreme court: On the Economic Impact of Global Warming on the U.S. and the misguided Regulation of Greenhouse Gas Emissions under the Clean Air Act - Dean Lueck, Professor of Agricultural and Resource Economics and Co-director, Program on Economics, Law, and the Environment, University of Arizona
Topic: Domestication and ownership of wild species - G. Patrick Lynch, Senior Fellow, Liberty Fund
Seminar: "From Eden to Leviathan: The Evolution of Politics from the State of Nature" - Josiah Ober, Professor of Classics and Political Science, Stanford University
Seminar: "Epistemic democracy in classical Athens: How diversity can foster innovation" - Julian Morris and Kendra Okonski, International Policy Network, London
Seminar: "Which Policy to Address Climate change" - Dominic Parker, Assistant Professor, Department of Agricultural Economics and Economics, Montana State University
Topic: Rule of law and access to credit on American Indian reservations - The Honorable Matthew Ridley, English business man and popular science author
Seminar: "The Ecology of Human Progress"
Lone Mountain Fellows 2007
- Sarah Anderson ,Associate Professor, Bren School of Environmental Science & Management and Department of Political Science, University of California-Santa Barbara
Topic: Analysis of environmentalvoting behavior
Seminar: "The Green Machine: Environmental Constituents and Congressional Voting" - Steve Bick, Consulting Forester and Adjunct Faculty Member, State College of New York-College of Environmental Science and Forestry
Publication: "Ownership and Stewardship Go Hand in Hand: One Family, Many Acres and Seven Generations of Ownership," PERC Reports, Summer 2008 - Nicholas Georgiadis, Director, Mpala Reserach Center, Nanyuki, Kenya
Topic: Conserving wildlife in African Landscapes: Kenya's Ewaso Ecosystem,
Seminar: "The Wonder and Decline of Animal Migrations" - Michael Norton-Griffiths,
Independeent Wildife Consultant, Kenya
Topic:Economic impact of secure property rights in Kenya's agricultural sector, and the rapid evolution of property rights on Kenya's rangelands
Seminar: "Contemporary issues of land tenure in Kenya" - J. Bisho Grewell,Attorney, Mayer Brown, LLP, Chicago
Topic: Analysis of voluntary pollution easements purchased by the Anaconda Mining Company at the turn of the 20th Century
Seminar: "In Search of Entitlements: One Explanation to the Damages/Injunction Choice" - D. Bruce Johnsen, Professorof Law, George Mason University
Topic: Property rights, Institutioins, and salmon fishing practices of the Northwest Coast Indian tribes
Seminars: "Socially Responsible Investing PERC style: A Preliminary Investigation" and "Science, Salmon, and Primitive Man on the Northwest Coast. - Kurt E. Schnier, Assistant Professor, Department of Economics, Georgis State University
Topic: The value of a statistical life and rights-based fisheries policy: The Case of the Alaskan Crab Fishers
Seminars: "Common property information, and cooperation: Commercial fishing in the Bering Sea" and "Occupational Risk and Rights-based fisheries Policy: Studying Changes in the Deadliest Catch" - James Workman
Publications: "Tapping our ingenuity," News Tribune, Nov. 25, 2007
"The Water Ethic: Fitful Birth of a certain Alienable Right," Draft paper, Dec.1, 2007
Lone Mountain Fellows 2006
- Nigel Asquith, Director of Science, Fundacion Natura Bolivia, Santa Cruz, Bolivia
Topic: Promoting markets for watershed services in Bolivia: Can the FME model be exported? The Case of Los Negros-Santa Rosa
Seminar: with Maria Teresa Varga. "Evaluating intervention policies (e.g. markets for environmental services) in protecting the environment and reducing poverty: Shifting focus from measuring and monitoring 'inputs' and 'outputs,' to qunatified and replicated measurement of 'outcomes'."
Publications: "bees and Barbed Wire for Water,' Perc Reports, December 2006
"Selling Two Environmental Services: In-kind payments of bird habitat and watershed protection in Los Negros, Bolivia," with Maria Teresa Vargas, and Sven Wunder, Ecologial Economics, 65(4) 2008, 675-684.
"Tratos, Justos Para Servicios Hidrolgicos en Bolivia," with Maria Teresa Vargas. London: International Institute for Environment and Development (IIED) and Fundacion Natura Bolivia - Steve Bick, Consulting Forester and Adjunct Faculty Member, State College of New York-College of Environmental Science and Forestry
Publication: Adirondack Forest Owner's Manual Forest Enterprise Institute, April 2007 - Ted Gayer, Associate Professor of Public Policy, Georgetown Public Policy Institute
Topic: The Effects of the Endangered Species Act on Economic Development - David Haddock, Professor of Law and Economics, Northwestern Univeristy
Topic: Government provision of public bads
Seminar: with Alison Berry - "Bad public goods: The public goods paradox: Quis custodiet ipsos custodies?"
Publication: "Warning: Army Corps of Engineers Project Ahead," PERC Reports, Fall 2007 - Randy Rucker, Professor of Economics, Department Agricultural Economics and Econmics, Montana State University
Topic: Indian and Non-Indian Salmon Fisheries: The Economic Effects of U.S. v. Washington
Seminar: "The Alaskan Crab Rationalization Program: Experiences in the First Two Seasons" - Mitch Tobin, Former reporter for the the Arizona Daily Star
Topic: Legislating Noah's Ark: Why the Endangered Species Act is not working. Book draft
Publication: "Save a Species, Save on Taxes," PERC Reports, Fall 2007 - Maria Teresa Vargas, Executive Director, Fundacion Natura Bolivia
Topic: Promoting Markets for Watershed Services in Bolivia: Can the FME Model be Exported?" The Case if Los Negros-Santa Rosa
Seminar: with Nigel Asquith -- "Evaluating intervention policies (e.g. markets for environmental services) in protecting the eEvironment and Reducing Poverty: Shifting focus from measuring and monitoring 'inputs' and 'outputs,' to quantified and replicated measurement of "outcomes." - James Workman Natural Resource Consultant and Founder, Confluence Associates, Botswana,
Seminar: "Michael Milken Meets John Muir: Turning Fixed Liabilities into Liquid Assets"
Publication: "Deadbeat Dams: Perhaps It's Time to Pull the Plug," PERC Reports, Enviropreneur Issue
"How to Fix our Dam Problems," Science and Technology, The University of Texas, Dallas, Fall 2007. - Seth Zuckerman,
Publication: "Unpaved with Good Intentions: New Easements Keep Farmland in Production, Despite Spiraling Property Values," High Country News, Sept. 18, 2006


Founded 30 years ago in Bozeman, Montana, PERC—the Property and Environment Research Center—is the nation’s oldest and largest institute dedicated to improving environmental quality through property rights and markets.
PERC’s publications, each designed to resonate with specific groups, move ideas generated at PERC to broader audiences.
Research is at the heart of PERC's work, with a focus on the question: What is the link between economic growth and environmental quality?
The goal of PERC’s programs is to fully realize the vision of establishing “PERC University,” where scholars, students, policy makers, and others convene to expand the applications of free market environmentalism.
PERC's fellowships share a common goal of exposing new scholars, students, journalists, and policy makers to free market environmentalism, as well as enable scholars already familiar with FME to explore new applications.
PERC continues to publish and present a broad range of research and discussion through podcasts, videos, and other multimedia channels.