A través del estudio de cuatro casos concretos (Canarias, Israel, y los regadíos manchego y almeriense) este trabajo pretende mostrar la relevancia del marco institucional como condicionante de los comportamientos de gestión de recursos acuíferos, poniendo al mismo tiempo de manifiesto la...

There is a broad agreement that political and economic institutions matter for long-term development. Yet relatively little is known as to how to adopt good quality institutions and reform weak or poor institutions, for which one needs to know how institutions change. This paper provides a...

Individual transferable quota (ITQ) regulation relies on a decentralizedmarket mechanism and a single price to allocate access to a stock of fish. The resulting allocation will not be fully efficient if the stock being allocated is heterogeneous or if there are potential gains from centralized...

New institutional economists have identified a number of property rights problems in agricultural cooperatives. This paper reconsiders these problems from the perspective of heterodox institutionalist economics in the tradition of Veblen and Ayres. The property rights problems of agricultural...

This paper gives a general mathematical definition of an institution, and presents an explicit formal method by which to incorporate institutions in a standard general equilibrium model. We illustrate our concept using a modified Prisoner's dilemma game in which property rights over natural...

This research examines the effect of risk and time preferences on forest management responses to forest tenure land reforms in Fujian, China that began in 2002. The different extent of the reform and its different timing across regions provide a natural experiment to test how time and risk...

This paper constitutes a component of a larger research project. The larger project attempts to address two issues in international relations - one substantive and theoretical, the second epistemological and ontological. The first issue, which will be the focus of this paper, considers the...