Biological carbon sinks: Transaction costs and governance

Chapter 2 Bargaining , Transaction Costs , and Coalition Governance

conferences in Vienna, Siena and Canterbury for helpful suggestions. The authors acknowledge the support of the Center for Advanced Study in the Behavioral Sciences (CASBS).

Governance strategies and transaction costs in a renovated electricity market

a r t i c l e i n f o This study applies a transaction cost economics (TCE) framework to examine how economic agents adopt gover-nance strategies in Brazil's recently renovated electricity market. In light of a well-established TCE model, four attributes of transactions (i.e., asset-specificity, uncertainty, complexity, and frequency) are examined for three unregulated transactions between gene...

Clinical Governance: Costs and Benefits

Networks and Transaction Costs

Based on the well-known fact that social networks can provide effective mechanisms that help to increase the trust level between two trade partners, we apply a simple game-theoretical framework to derive transaction costs as a high risk of opportunistic behavior in a repeated trade relation determined by the density and size of trading networks. In the empirical part of the paper we apply a two...

Territorial Rights and Carbon Sinks

Scholars concerned with abuses of the "resource privilege" by the governments of developing states sometimes call for national sovereignty over the natural resources that lie within its borders. While such claims may resist a key driver of the "resource curse" when applied to mineral resources in the ground, and are often recognized as among a people's territorial rights, their implications dif...