Collective action to remedy the losses of open access to common-pool resources often is late and incomplete, extending rent dissipation. Examples include persistent over-exploitation of oil fields and ocean fisheries, despite general agreement that production constraints are needed. Transaction...

There is a large and growing literature on scientific estimates and regulatory instruments associated with international efforts to control greenhouse gas (GHG) emissions. The underlying collective action processes have received much less attention. In particular, bargaining among sovereign...

Collective action to remedy the losses of open access to common-pool resources often is late and incomplete, extending rent dissipation. Examples include persistent over-exploitation of oil fields and ocean fisheries, despite general agreement that production constraints are needed. Transaction...

Entrepreneurship is recognized as critical for the growth of both individual firms and overall economies. Entrepreneurship fosters the introduction of new products, processes and organizations. It provides the flexibility and dynamism required for responding to new market opportunities and...