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This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional … highest priority is given to the role of legal and political institutions and second priority to environmental, economic and …
Persistent link: https://www.econbiz.de/10009757358
This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional … highest priority is given to the role of legal and political institutions and second priority to environmental, economic and …
Persistent link: https://www.econbiz.de/10010314790
When directives rather than contracts determine rights to water flows, agents will substitute away from securing water rights by contract toward securing them through political directives. Especially when they are legitimated by court rulings, such directives alter the rules that govern social...
Persistent link: https://www.econbiz.de/10012992724
Abstract The public water management in irrigated perimeter is marked by some failures. We can mention the theft of water, corruption and rent-seeking. These failures result in wastage of this scarce resource. We propose to study the public management of irrigated perimeter using the theory of...
Persistent link: https://www.econbiz.de/10009353529
This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional … highest priority is given to the role of legal and political institutions and second priority to environmental, economic and …
Persistent link: https://www.econbiz.de/10014156478
When directives rather than contracts determine rights to water flows, agents will substitute away from securing water rights by contract toward securing them through political directives. When those directives are legitimated by court rulings, they alter the rules that govern social...
Persistent link: https://www.econbiz.de/10013227331
conceptual difference between institutions and policies. It is then discussed the relevance of institutional arrangements to …
Persistent link: https://www.econbiz.de/10010330757
” (specific to contractual and free market institutions), on the one hand, and “imposed transaction costs” (according to formal …
Persistent link: https://www.econbiz.de/10010550703
Institutions, crucial for the analysis of how agents deal with uncertainty, have been gaining increasing relevance on …
Persistent link: https://www.econbiz.de/10010842600
The institutional arrangements, such as the property private order, market, law and other social institutions …
Persistent link: https://www.econbiz.de/10010603988