Institutions and the Environment

Edited by Daniel W. Bromley, Anderson-Bascom Professor of Applied Economics (Emeritus), University of Wisconsin-Madison, US and Visiting Professor, Humboldt University-Berlin, Germany

Contents: Acknowledgements Introduction Daniel W. Bromley PART I INSTITUTIONS 1. Richard R. Nelson and Bhaven N. Sampat (2001), Making Sense of Institutions as a Factor Shaping Economic Performance PART II LAW AND ECONOMICS 2. Warren J. Samuels (1971), Interrelations between Legal and Economic Processes 3. Warren J. Samuels (1974), The Coase Theorem and the Study of Law and Economics 4. Daniel W. Bromley (1978), Property Rules, Liability Rules, and Environmental Economics 5. Warren J. Samuels (1989), The Legal-Economic Nexus 6. Daniel W. Bromley (1989), Entitlements, Missing Markets, and Environmental Uncertainty PART III EXTERNALITIES AND MARKET FAILURE 7. J.E. Meade (1952), External Economies and Diseconomies in a Competitive Situation 8. Francis M. Bator (1958), The Anatomy of Market Failure 9. Vernon L. Smith (1968), Economics of Production from Natural Resources 10. Vernon L. Smith (1969), On Models of Commercial Fishing 11. William J. Baumol (1972), On Taxation and the Control of Externalities 12. Colin W. Clark (1973), Profit Maximization and the Extinction of Animal Species 13. Carl J. Dahlman (1979), The Problem of Externality 14. Arild Vatn and Daniel W. Bromley (1997), Externalities A Market Model Failure PART IV WELFARE ECONOMICS 15. Abram Bergson (1938), A Reformulation of Certain Aspects of Welfare Economics 16. Paul A. Samuelson (1950), Evaluation of Real National Income 17. W.M. Gorman (1955), The Intransitivity of Certain Criteria Used in Welfare Economics 18. Francis M. Bator (1957), The Simple Analytics of Welfare Maximization 19. Robin W. Boadway (1974), The Welfare Foundations of Cost-Benefit Analysis 20. Robin Boadway (1976), Integrating Equity and Efficiency in Applied Welfare Economics 21. John S. Chipman and James C. Moore (1978), The New Welfare Economics 19391974 22. E.J. Mishan (1980), How Valid Are Economic Evaluations of Allocative Changes? 23. Robert Cooter and Peter Rappoport (1984), Were the Ordinalists Wrong About Welfare Economics? 24. John Martin Gillroy (1992), The Ethical Poverty of Cost-Benefit Methods: Autonomy, Efficiency and Public Policy Choice PART V INSTITUTIONS AS INSTRUMENTS OF PUBLIC CHOICE 25. Laurence H. Tribe (1972), Policy Science: Analysis or Ideology? 26. Alexander James Field (1979), On the Explanation of Rules Using Rational Choice Models 27. Daniel W. Bromley (1990), The Ideology of Efficiency: Searching for a Theory of Policy Analysis 28. Amartya Sen (1993), Markets and Freedoms: Achievements and Limitations of the Market Mechanism in Promoting Individual Freedoms 29. Arild Vatn and Daniel W. Bromley (1994), Choices without Prices without Apologies 30. Michael E. Porter and Claas van der Linde (1995), Toward a New Conception of the Environment-Competitiveness Relationship 31. Olof Johansson-Stenman (1998), On the Problematic Link between Fundamental Ethics and Economic Policy Recommendations PART VI PROPERTY RIGHTS AND PROPERTY REGIMES 32. Joseph L. Sax (1983), Some Thoughts on the Decline of Private Property 33. Barry C. Field (1989), The Evolution of Property Rights 34. Bruce A. Larson and Daniel W. Bromley (1990), Property Rights, Externalities, and Resource Degradation: Locating the Tragedy 35. Daniel W. Bromley (1992), The Commons, Common Property, and Environmental Policy 36. Rogier van den Brink, Daniel W. Bromley and Jean-Paul Chavas (1995), The Economics of Cain and Abel: Agro-Pastoral Property Rights in the Sahel 37. Daniel W. Bromley (1997), Constitutional Political Economy: Property Claims in a Dynamic World 38. Espen Sjaastad and Daniel W. Bromley (2000), The Prejudices of Property Rights: On Individualism, Specificity, and Security in Property Regimes PART VII INSTITUTIONS IN ENVIRONMENT AND DEVELOPMENT 39. Car