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of participation of marginalized groups in rural areas could be covered with the tools presented in the course of …
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an agent and his principle. The normative theory of agency and the positive theory of agency represent theory sphere of …
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This paper distinguishes between governance structure and contractual form. The basic premise is that researchers often confuse these two concepts when they develop or empirically test models within the transaction cost framework. In the paper I utilize a simple principal- agent model to show...
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, recommendations are given. The paper concludes that elements of IWRM such as transparency, accountability, participation, and … particular, to create legal space for agency and innovation. Technical tools such as models acquire additional importance in this … context for facilitating transparency and enabling agents across the management hierarchy to access and make use of …
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