This article deals with the Local Agri-Environmental Schemes (LAES), the French contractual policy instrument within the European Rural Development Regulation (2007-2013), designed to improve water quality within priority watersheds. The paper is structured in three parts. The first one focuses...

We provide experimental evidence for the hypothesis that bounded rationality is an important element of the theory of the firm. We implement a simplified version of a mechanism designed to perfectly solve the holdup problem under conditions of perfect rationality (Maskin 2002). We test whether...

We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. The UK (until 2014) provided an ideal setting to explore the impact of housing transfer taxes on mobility decisions. This is partly because the stamp duty liability is quite substantial, at least for...

Knowledge generation is considered to be a collective process which requires mobilisation of number of knowledge agents. There is open debate in the literature about the role of spatial proximity for the knowledge interactions. Are proximity or distance interactions crucial for the knowledge...

The paper discusses the so-called sharing economy from an industrial structure perspective. The illustrative cases examined are Airbnb and Uber. The research question raised is concerned with the extent to which transaction cost theory can be used to explain the changing industrial structures in...