2008
DOI: 10.1007/s10657-008-9080-8
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The ‘make or buy’ decision in private environmental transactions

Abstract: Abstract:A theoretical framework combining the two branches of TCE, i.e., the governance branch and the measurement branch (Barzel, 2005) may explain the choice of the governance structure for private environmental transactions. Four case studies, i.e., the market for pure air in polluted cities, the contractual arrangement between La Esperanza and the Monteverde Conservation League, the case of the French mineral water bottler Vittel and the case of landownership by land trusts are briefly developed in order… Show more

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Cited by 13 publications
(5 citation statements)
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“…Due to these factors the transaction costs are expected to be very high, thus representing the major constraint to the implementation of PES-like schemes. In such conditions, local, regional or national governments play essential roles in promoting a more effective system based on defined, defendable and divestible economic property rights (Yandle 1999, Bougherara et al 2009), as well as embodying supply-demand coordination.…”
Section: Methodsmentioning
confidence: 99%
“…Due to these factors the transaction costs are expected to be very high, thus representing the major constraint to the implementation of PES-like schemes. In such conditions, local, regional or national governments play essential roles in promoting a more effective system based on defined, defendable and divestible economic property rights (Yandle 1999, Bougherara et al 2009), as well as embodying supply-demand coordination.…”
Section: Methodsmentioning
confidence: 99%
“…The metastasis model was designed according to a spontaneous model, followed by surgical removal of the primary tumor . After 5 weeks, the mice were anesthetized with Zoletil (20 mg kg −1 IM) and the primary tumor was dissected . The mice were then randomly divided into two groups with four mice in each group.…”
Section: Methodsmentioning
confidence: 99%
“…For example, climate change may introduce water scarcity in a shared aquifer, leading to conflicts over water use 31 . The realist-materialist branch of the commons literature is most prominently embodied in Ostrom's Institutional Analysis and Development (IAD) framework 32 and the transaction cost economics approach applied to nature-related sectors 33,34 .…”
Section: Governance Of Social Dilemmas In Climate Change Adaptationmentioning
confidence: 99%