Gary Libecap

Distinguished Professor, Bren School of Environmental Science and Management and Economics Department, University of California, Santa Barbara

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Gary is Professor of Corporate Environmental Management and Economics at the University of California, Santa Barbara (UCSB). His research focuses on the legal, economic, and policy aspects of freshwater allocation and wild ocean fisheries management. He examines the design of property rights institutions and their use in water, habitat credit, fishing quota markets in encouraging efficient use and optimal allocation. He is a member of the National Bureau of Economic Research (NBER) and has been President of the Economic History Association, the Western Economics Association International, and the International Society for the New Institutional Economics. Upon arriving at the Bren School of Environmental Science and Management at UCSB in 2006 he played a critical role in developing Eco-Entrepreneurship, the United States’ top-ranked environmental entrepreneurship program. Recent publications include Environmental Markets: A Property Rights Approach, with Terry L. Anderson, Cambridge University Press 2014 and “Addressing Global Environmental Externalities: Transaction Costs Considerations,” Journal of Economic Literature June 2014.