Browsing Economics by Subject "Transaction costs"
Now showing items 1-2 of 2
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Conservation Research and Policy with Non-Trivial Transaction Costs and Incomplete Contracting
(National University of Ireland, Galway, 2008)Achieving conservation in the agricultural sector is difficult. The primary complicating factor is the large number of public-good environmental services that can potentially be provided by large numbers of individuals ... -
Production, information and property regimes : efficiency implications in the case of economies of scope
(National University of Ireland, Galway, 1998-04)A conceptual model and numerical example are used to show that private property regimes are not necessarily preferable to common property regimes on efficiency grounds when: (1) agents are risk averse; (2) exogenous ...