Governing the Environment: the Intitutional Economics Approach
Journal title ECONOMIA DELLE FONTI DI ENERGIA E DELL’AMBIENTE
Author/s Arild Vatn
Publishing Year 2009 Issue 2009/1
Language English Pages 26 P. 61-86 File size 617 KB
DOI 10.3280/EFE2009-001005
DOI is like a bar code for intellectual property: to have more infomation
click here
Below, you can see the article first page
If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits
FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.
<em>Governing the Environment: The Institutional Economics Approach</em> - Analyzing environmental governance implies foremost to analyze institutional structures and their implications. In doing so, the present paper utilizes insights primarily from the tradition of classical institutional economics. The paper is divided in three. In the first part I describe the main features of the classical position and compare it briefly with that of neoclassical economics and the tradition of new institutional economics. In the second part I clarify what is considered the main aspects of governance as seen from an institutional perspective. In part three I move to the more specific area of environmental governance. The concept of resource regimes is defined. Moreover I analyze how different regimes influence which environmental problems appear and how they can be treated. I discuss how institutions influence the formation and articulation of knowledge and values, how they form and protect interests, how they influence the level of transaction costs and hence the possibilities for coordination, and finally how they form the motivations underlying human choices in concrete contexts. Given that all these variables are shown to be endogenous to the institutional system, the use of comparative analysis in the assessment of various governance options is emphasized. <br/><br/>Keywords: classical institutional economics, interdependence, resource regimes, value articulation, interest protection, transaction costs, plural rationalities. <br/><br/>JEL classifications: B52; Q50; D02; D70.
- Approche régulationniste de la diversité des dispositifs institutionnels environnementaux des pays de l’OCDE Luc Elie, Bertrand Zuindeau, Mathieu Bécue, Mamoudou Camara, Ali Douai, André Meunié, in Revue de la régulation /2012
DOI: 10.4000/regulation.9951
Arild Vatn, Governing the Environment: the Intitutional Economics Approach in "ECONOMIA DELLE FONTI DI ENERGIA E DELL’AMBIENTE" 1/2009, pp 61-86, DOI: 10.3280/EFE2009-001005