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The study explored the vacuum in pollution responsibility in the Niger Delta of Nigeria with a specific focus on the … defects of Nigeria's environmental regulatory institutions and the weaknesses of the environmental laws occasioned by … emphasises that the bargaining model of the Coase theorem provides a fruitful approach to resolving the current pollution dilemma …
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A recently much debated issue is why observed investment and growth rates inpoor countries are lower than traditional theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between poor and rich countries. However, there is still the...
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Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an...
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