Designing Institutions for Environmental and Resource Management
Edna Tusak Loehman, D. Marc Kilgour
Edward Elgar, 1998 - Business & Economics - 368 pages
This text addresses environmental and resource management problems that continue to emerge despite increasing attempts at regulation. It proposes a proactive approach to environmental and resource management through the design of institutions and organizations. In addition, it suggests that social rules for environmental management can be improved by taking into account the social costs of externalities and the administrative and transactions costs to reduce them.
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QUANTITATIVE MODELS IN INSTITUTIONAL
Issues in the Design of Mechanisms and Institutions
On Coordination Externalities and Organization
14 other sections not shown
achieve agents Agricultural allocation alternative analysis applied approach appropriate arrangements associated assumed behavior benefits Cambridge choices collective action common common pool resource computation cooperation cost coupons damage decision defined depend determined Development distribution economic effects efficiency effort emissions environment environmental equal equilibrium example expected experimental experiments externalities Figure firms follows function given grazing heterogeneities important incentives increase individual inspection institutional issues Journal knowledge land liability limited marginal maximize mean mechanisms Nash natural operating optimal organization Ostrom outcomes participants payoff period permits players political pollution positive possible preferences problem production reduce regulation relative represented resource result rules share situation social solution standard strategy structure studies subjects theory trading transaction cost unit University University Press users utility