Forestry and the New Institutional Economics: An Application of Contract Theory to Forest Silvicultural Investment

1st Edition

Sen Wang, G. Cornelis van Kooten

Routledge
Published November 22, 2017
Reference - 216 Pages
ISBN 9781138733879 - CAT# Y326906
Series: Routledge Revivals

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Summary

This title was first published in 2001. Using a case study from British Columbia, this book addresses the economies of institutions, institutional change and transactions costs and develops the theory of the New Institutional Economics in the context of forestry institutions. This approach to economic analysis of forestry investment problems will emphasize the understanding of the linkages between the biological as well as institutional attributes of forestry activities.

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