The Implications of Economic Property Rights or Rent-Seeking in Forming Institutions
Description
This book is a critical exploration into US Environmental policies. Although there are obvious benefits, the absence of trade off considerations suggests that policies are likely too extensive, costly, and inequitable. Imposing national standards and mandates ignores opportunities for decentralized negotiations and cost-effective alternatives.
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‘Where's Coase? - Libecap, Gary D. (University of California’.
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