In this paper the characteristics and functioning of PES is analyzed from an institutional
perspective. While in theory PES is seen as a market solution to environmental problems …

Activists and scholars increasingly blame neoliberalism for the failure to sharply reduce
greenhouse gas emissions, but there is insufficient research that investigates the theoretical …

Vatn has prepared a vast feast for his readers. Hopefully, this book will become one of the
core textbooks both in institutional economics and in resource economics. As a political …

This study aimed to systematically review the economic transformation (ET) literature to
integrate fragmented insights, offer a comprehensive overview, and identify avenues for …

The Coase theorem is one of the most influential and controversial ideas to emerge from
post–World War II economics. This article examines the theorem's origins, diffusion, and the …

The connected nature of social-ecological systems has never been more apparent than in
today's globalized world. The ecosystem service framework and associated ecosystem …

The debate over agricultural trade rules is marked by substantial disagreement. The paper
starts by clarifying the positions. The apparent divergences stem largely from differences in …

It is a truth universally acknowledged that a nation with little wealth must be in want of land
privatisation. 1 This received truth—a prejudice—continues to animate the policy dialogue in …

We propose that corporations should be subject to a legal obligation to identify and
internalise their social costs or negative externalities. Our proposal reframes corporate …

This paper presents Systematic Theory Map** (STM), a comprehensive and systematic
method, as the first step toward defining and dealing with complex and wicked problems …