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The Property and Environment Research Center is a think tank dedicated to improving environmental quality through markets and property rights. Research is at the heart of PERC’s work followed by outreach and education. Formed in 1982, PERC applies economic thinking to environmental problems. Located in Bozeman Montana, PERC pioneered the approach known as free market environmentalism. PERC's headquarters is in Bozeman, Montana. Its approach is based on the tenets that private property rights encourage stewardship of resources; government subsidies often degrade the environment; market incentives spur individuals to conserve resources and protect environmental quality; and polluters should be liable for the harm they cause others. Its outreach activities include student seminars, graduate fellowships, a national conference for journalists, and a periodical, PERC Reports.
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