A timely literature on the design of economic incentives for nonpoint pollution control has
been emerging. We describe the nonpoint pollution control problem, some of the peculiar …

“Transaction costs,” as a well-established theory in New Institutional Economics, has been
used to explain and analyze various planning matters for about 30 years since its …

We are both impressed by the book. It merits prominent publication as a far-reaching
application of innovative methodologies to an important, and well explained, worldwide …

This chapter assesses the literature on the economics of climate change adaptation,
building on the Fourth Assessment Report (AR4) and the increasing role that economic …

Globally, much biodiversity is found on private land. Acting to conserve such biodiversity
thus requires the design of policies which influence the decision-making of farmers and …

This survey sketches the broad landscape of the field of transaction costs measurement. It
surveys the main research areas concerning transaction costs and offers a taxonomy …

Behavioral scientists have begun to research 'sludge,'excessive frictions that make it harder
for people to do what they want to do. Friction is also an important concept in transaction …

Understanding why farmers over‐apply fertilizer is essential to designing effective agro‐
environmental policy. If farmers are simply inefficient, possibilities exist for simultaneously …

Recent changes in European agri-environmental policy allow farmers' transaction costs
(TCs), also called private TCs, to be taken into account when calculating compensation …

Policy related transaction costs (TCs) is an important issue when evaluating different policy
options. However, TCs are often not taken into account in policy evaluations, but may be as …