This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional … highest priority is given to the role of legal and political institutions and second priority to environmental, economic and …

of institutions. A more careful assessment of the situation, employing Ostrom’s Social-Ecological System (SES) framework … institutions, not just from the absence of property in the pasture. If the grass was not subject to appropriation, the cattle were … not privately owned, or if property- and contract-enforcement institutions supporting market exchange were absent, the …

Do institutions and culture affect environmental values? In this article we analyze 1,041 environmental valuations of … 223 wetlands in 38 developing countries, to examine the effect of institutions and culture on environmental values. We … wetland valuations. Understanding these important and varying effects of institutions and culture on wetland valuations is …

In this chapter, we review land market institutions in the European Union (EU) and their potential impact on land …

This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental … cause of differences in economic development. We first document the empirical importance of institutions by focusing on two … “quasi-natural experiments” in history, the division of Korea into two parts with very different economic institutions and …