GARY D. LIBECAP is Emeritus Distinguished Professor, Bren School of Environmental Science and Management and Department of Economics, University of California, Santa Barbara. He is a Research Associate, National Bureau of Economic Research, Cambridge, Massachusetts and Senior Fellow, Property and Environment Research Center (PERC). His Ph.D. is from the University of Pennsylvania. His research focuses on how or under what circumstances property rights to natural and environmental resources can be defined and enforced to address the problems of open access and how or when markets might be developed as options for more effective resource management and allocation. He examines the bargaining and transaction costs involved in collective action to establish property institutions and markets. His work encompasses economics and law, economic history, natural resource economics, and economic geography. Gary Libecap has authored or co authored over 200 scholarly papers in peer-reviewed journals, including the American Economic Review, Journal of Political Economy, and Journal of Economic Literature. He also has chapters in academic volumes and research reports, as well as edited (1985-2011) Advances in the Study of Entrepreneurship, Innovation, and Economic Growth. He was co-editor of the Journal of Economic History (1996-2000) and served on the Editorial Board of the Journal of Economic Behavior and Organization (2005-2010). He was President of the Western Economics Association (2006), Economic History Association (2006), and International Society for New Institutional Economics (2005), now the Society for Institutional and Organizational Economics. He was Pitt Professor of American History and Institutions, Economics Faculty, Cambridge University (2010-2011). He also was an Erskine Fellow at Canterbury University, New Zealand (2019). His latest books are Owens Valley Revisited: A Reassessment of the West’s First Great Water Transfer, Stanford University Press, 2007, The Economics of Climate Change: Adaptations Past and Present, co editor, University of Chicago Press and NBER, 2011, Environmental Markets: A Property Rights Approach, co author, Cambridge University Press, 2014, and 2023 Economic Perspectives on Climate Change, American Agriculture, and Water, National Bureau of Economic Research and University of Chicago Press, co editor. Gary Libecap is a native Montanan. He and his wife, Ann, have two children, Sarah and Christopher, and two grandchildren, Simon and Adelyn.
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