Institutions, Transaction Costs and Environmental Policy: Institutional Reform for Water Resources (New Horizons in Environmental Economics Series)

Institutions, Transaction Costs and Environmental Policy: Institutional Reform for Water Resources (New Horizons in Environmental Economics Series)

By: Ray Challen (author)Hardback

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Description

Conventional economic analysis of property rights in natural resources is too restrictive for effective comparisons between alternative institutional structures. This work develops a conceptual framework for the analysis of these structures with application to the allocation of water resources.

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Contents

Institutions and use of natural resources; institutions of water use for irrigation in the Murray-Darling Basin; static transaction costs in allocation of water resources; transaction costs and institutional change; dynamic transaction costs and option values in institutional change; policy analysis for institutional change.

Product Details

  • publication date: 24/02/2000
  • ISBN13: 9781840642506
  • Format: Hardback
  • Number Of Pages: 256
  • ID: 9781840642506
  • weight: 564
  • ISBN10: 1840642505

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