Program Description: This three-day workshop intends to expose professors who teach natural resource and environmental law to the importance of property rights, transaction costs, and markets for solving environmental problems. The workshop will begin with some initial theoretical insights regarding the potential for environmental markets and build to specific applications to land, forests, wildlife, minerals, water, air, and ecosystem services, to mention a few.
The LEC-PERC workshop will accommodate up to 24 law professors. All professors must attend all group meals together. Class sessions will be held Thursday through Saturday, with morning and afternoon sessions each day.
The LEC-PERC Workshop on Environmental Economics for Law Professors is organized by Henry N. Butler, George Mason University Foundation Professor of Law at George Mason University School of Law and Executive Director of the LEC, and Terry L. Anderson, President of the PERC and John and Jean De Nault Senior Fellow at the Hoover Institution, Stanford University.