Tapping Water Markets (PDF)

Terry L. Anderson is the executive director of PERC and Senior Fellow at the Hoover Institution, Stanford University. Anderson's work helped launch the idea of "free market environmentalism" with the publication of his book by that title, coauthored with Donald Leal. Anderson is the author or editor of more than 30 books and has published widely in both professional journals and the popular press. He received his B.S. from the University of Montana and his Ph.D. in economics from the University of Washington.

Brandon Scarborough is a research fellow at PERC specializing in water markets for economic and environmental applications, and the associated institutional structures that may promote or inhibit trading. Other research interests include markets for ecosystem services, climate change, and the efficacy of using forests to sequester carbon as part of a national or international abatement strategy. He holds B.S. degrees in biology and business and a Master's in applied economics.

Lawrence R. Watson is a Research Fellow and the Director of Applied Programs at PERC. He specializes in contracts for environmental resources, particularly water and wildlife, and consults to environmental organizations and state agencies on market-based conservation strategies. Watson earned a law and a master's degree from Duke University and a bachelor's degree from Clemson University.