This paper reviews the publication by BECKMANN, V. (2000): Transaktionskosten und institutionelle Wahl in der Landwirtschaft : Zwischen Markt, Hierarchie und Kooperation [Transaction costs and institutional choice in agriculture : Between market, hierarchy and co-operation].

Focuses on the institutional perspective on the management of natural resources in the light of the interdisciplinary debate on sustainability. This book reflects the trends in combining institutions and sustainability, and summarises conceptual developments in environmental economics

The institutional perspective on the management of natural resources in the light of the interdisciplinary debate on sustainability is the focus of the agricultural and resource economist Konrad Hagedorn. Institutions and Sustainability reflects the latest trends in combining institutions and...