Framework for Analisis and Improvement of Agrarian Dynamics
In this paper we incorporate interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences), and suggest a framework for analyzing and improvement of governance of socio-economics dynamic of agriculture. This new approach take into account: the role of specific institutional environment (formal and informal “rules of the game”, distribution of various rights between individuals, and systems of enforcement of rights and rules; behavioral characteristics of agents (preferences, bounded rationality, tendency for opportunism, risk aversion, trust); costs of governance and critical factors of transactions (uncertainty, frequency, asset specificity, and appropriability); comparative efficiency of market, private, public and hybrid modes of governance; efficiency of alternative modes for public intervention; complementarities between different modes; needs for multilateral and multilevel governance; technological and ecological factors.
|Date of creation:||Nov 2009|
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- Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
- Bachev, Hrabrin Ianouchev & Nanseki, T., 2008. "Risk Governance in Bulgarian Dairy Farming," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44136, European Association of Agricultural Economists.
- Hrabrin Bachev, 2005. "Efficiecy Of Agrarian Organisations," Microeconomics 0511002, EconWPA.
- Bachev, Hrabrin, 2009. "Governing of Agro-Ecosystem Services," MPRA Paper 15492, University Library of Munich, Germany.
- Bachev, Hrabrin, 2008. "Governing of agrarian sustainability," MPRA Paper 7772, University Library of Munich, Germany.
- Hrabrin Bachev, 2005. "Framework For Assessing Sustainability Of Farms," Microeconomics 0511003, EconWPA.
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