Lessons from western states to enhance voluntary conservation on private lands.
Author Archives: Kat Dwyer
Do Environmental Markets Improve on Open Access? Evidence from California Groundwater Rights
Abstract Environmental markets are widely prescribed as an alternative to open access regimes for natural resources. We develop a model of dynamic groundwater extraction to demonstrate how a spatial regression discontinuity design that exploits a spatially incomplete market for groundwater rights recovers a lower bound on the market’s net benefit. We apply this estimator toContinue reading “Do Environmental Markets Improve on Open Access? Evidence from California Groundwater Rights”
Efficiency Implications of Trading in a Bifurcated Market
An analysis of the frequency of trading and the causes of price dispersion for short-term water leases in the Edwards Aquifer in Texas.
Private Conservation Efforts Offer Answers to Our Environmental Challenges
A podcast discussing environmental policy under the Biden administration.
Markets Can Provide More Sustainable Conservation
A podcast on free market environmentalism and how it’s being applied today.
Yearly Catastrophic Wildfires Don’t Need to Be the New Normal
A podcast on the wildfire crisis and how to mitigate it going forward.
Public Comment on the Revision of a Nonessential Experimental Population of Black-footed Ferrets in the Southwest
PERC weighs in on the Fish and Wildlife Service’s proposed rule revision.
Public Comment on Proposed 4(d) Rule for the Lesser Prairie-Chicken
PERC weighs in on how to improve endangered species recovery.
Allow “Nonuse Rights” to Conserve Natural Resources
Allowing such “nonuse rights” to public natural resources would enable markets to advance environmental goals, leading to more stable and less contentious outcomes.
PERC Research in Science Magazine: “Allow ‘nonuse rights’ to conserve natural resources”
By allowing for non-use rights, environmentalists can express their values in the marketplace, rather than relying on political, legal, or administrative processes.