Throughout western Europe, beginning about 1200, leasing of lords' estates became more common relative to direct management. In England, however, direct management increased beginning around the same time and until the fourteenth century, and leasing increased thereafter. This article models...

This paper incorporates achievements of a new inter-disciplinary methodology of the New Institutional and Transaction Costs Economics (integrating Economics, Organization, Law, Sociology, Behavioral and Political Sciences) into analysis of Bulgarian agriculture, and assess impact of...

Structuring contracts to share risk in light of incentive problems is the central premise of contract theory, yet the risk-sharing implications have rarely been thoroughly tested using micro-level contract data. In this paper we test the major implications of a principal-agent model of contracts...

(Agro)ecosystem services is a "new“ term, which is rapidly and widely used in academic studies, and policies and business practices around the globe. Nevertheless, in many countries around the globe, studies associated with agroecosystem services and their "management“ are at the beginning...

Basic principles of the Translation Costs Economics have been incorporated to the agrarian economy. Agrarian transactions have been put on the centre of economic analysis. Critical dimensions of agricultural transaction have been determined. Structure of costs for alternative governance modes of...

On March 11, 2011 the strongest ever recorded in Japan earthquake occurred which triggered a powerful tsunami and caused a nuclear accident in Fukushima nuclear plant. The later was a “man-made” disaster having immense impacts on people’s life, health and property, infrastructure, supply...

Unlike in many other countries, in Bulgaria, there is no comprehensive analysis of the governance, state, efficiency and evolution of the system of Agricultural Knowledge and Innovation System (AKIS). This chapter presents the results of a large-scale study on the governance, efficiency, and...

The products and the variety of direct and indirect benefits that humans receive from nature and the various ecosystems (agricultural, forest, grass, mountain, river, marine, etc.) are commonly known as ecosystem services. Agricultural ecosystems of different types and their specific...

The determinants of investment behaviour are essentially preferences, endowments, production possibilities and institutions. While there is a vast literature discussing the effect of different combinations of the latter three dimensions for given preferences, very little research effort has been...

Bulgarian Abstract:Въпреки растящите екологични проблеми и нарастващите публични и частни интереси, научните изследвания за управление на агроекосистемните услуги са в...