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Since the publication of path-breaking contributions on the governance of environmental resources in the early 1990s many political initiatives have been taken, many governance experiments have been run, and a large multidisciplinary field of research has opened up. The aim of this...
Persistent link: https://www.econbiz.de/10010721348
The interdependency of socio-ecological systems and the increased reach of human activity have led to major political and scientific challenges in the governance of environmental resources. This chapter reviews the state of our knowledge on the matter. The chapter begins by discussing the...
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Twenty-one papers explore the accomplishments, limitations, and unmet needs of the field of new institutional economics. Papers discuss the theories of the firm; contracts--from bilateral sets of incentives to the multilevel governance of relations; institutions and the institutional...
Persistent link: https://www.econbiz.de/10010723174
Network industries are now characterized by a regime of permanent innovation, while they continue to be fixed and sunk cost industries, due to the high level of investments in R&D and infrastructures. Players in these industries need to coordinate their investments; hence a threat of collusion....
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This paper presents a new methodology aimed at building institutional indicators. Up to now, all the available indicators have relied on an analysis of the supply of legal protection. Conversely we propose here a methodology based on the analysis of the demand for legal protection, as it is...
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