Commons and Collectives: Lack of Social Capital in Central

Categories Environmental Economics

Format: Paperback

Language: English

Format: PDF / Kindle / ePub

Size: 7.83 MB

Downloadable formats: PDF

Data from a new survey of 48 farms in 2005 is being analyzed to explore relative input use and pesticide risk comparing dry beans with other vegetable crops. Monetary valuation of insurance against flood risk under climate change. Rabin, M. 1998. “Psychology and Economics”, Journal of Economic Literature, 36: 11–46. But the significance of the theorems is debatable, since actual markets differ significantly from perfectly competitive markets and, when there are multiple market imperfections, the “theory of the second best” shows that fixing some of the imperfections may lead the society away from a perfectly competitive equilibrium (and diminish efficiency and welfare) rather than toward one (Lipsey and Lancaster 1956–7).

Pages: 28

Publisher: Institute of Development Studies (December 1996)

ISBN: 1858641020

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