Forestry and the new institutional economics : an application of contract theory to forest silvicultural investment

Bibliographic Information

Forestry and the new institutional economics : an application of contract theory to forest silvicultural investment

Sen Wang, G. Cornelis van Kooten

(Ashgate studies in environmental and natural resource economics / series editors, Tom Tietenberg, Theodore Panayotou and Wendy Morrison)

Ashgate, c2001

Available at  / 18 libraries

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Note

Includes bibliographical references (p. 176-195) and index

Description and Table of Contents

Description

Using a case study from British Columbia, this book addresses the economies of institutions, institutional change and transactions costs and develops the theory of the New Institutional Economics in the context of forestry institutions. This approach to economic analysis of forestry investment problems will emphasize the understanding of the linkages between the biological as well as institutional attributes of forestry activities.

Table of Contents

  • Contents: Introduction
  • Property rights, institutions and market failure
  • Market failure and forestry
  • Contracts, information and transaction costs
  • Organizations, regulation and policy instruments
  • The silvicultural contracting sector
  • Contracting out or in-house delivery?
  • How to hire and pay silvicultural workers?
  • Silvicultural investment and institutional restructuring
  • References
  • Index.

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Details

  • NCID
    BA50485492
  • ISBN
    • 0754612260
  • LCCN
    00134843
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Aldershot
  • Pages/Volumes
    xiv, 201 p.
  • Size
    24 cm
  • Parent Bibliography ID
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