“…NIE's most far-reaching use in the forestry sector has been in relation to property rights and common property issues in developing countries (see for example the literature around IFRI). However, it has also been employed very fruitfully for analysing institutional development in boreal forests (Leffler and Rucker, 1991;Wang and van Kooten, 2001;Kissling-Näf and Volken et al, 2002). New Institutional Economics has taken over some core features or assumptions from neoclassical economics.…”