Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1056978 | Journal of Environmental Management | 2012 | 8 Pages |
Abstract
⺠We investigate negotiations of cultivation agreements between waterworks and farmers. ⺠We find that the Coase theorem is not robust to violations of its assumptions. ⺠Asymmetric information and strategic behaviour implies drawn-out negotiations. ⺠Standard contracts schemes reduce transaction cost.
Related Topics
Physical Sciences and Engineering
Energy
Renewable Energy, Sustainability and the Environment
Authors
Jens Abildtrup, Frank Jensen, Alex Dubgaard,