A new book from Resources For the Future Press features a chapter by PERC scholars Terry Anderson and Reed Watson. The Endangered Species Act and Federalism, edited by Buzz Thompson and Kaush Arha, explores the role of states and local governments in protecting biodiversity in the United States.
Anderson and Watson’s chapter, “An Economic Perspective on Environmental Federalism: The Optimal Locus of Endangered Species Authority,” provides an economic assessment of environmental federalism, focusing on the transaction costs of species management at various levels of government authority.
