Data/hora: 12/06/2024 17:25:12

Provedor de dados: | 31
País: | United States
Título: | Contracting for Environmental Property Rights: The Case of Vittel
Autores: | Depres,   Christophe; Grolleau,   Gilles; Mzoughi,   Naoufel.
Data: | 2005-09-28
Ano: | 2005
Palavras-chave: | Case study; Contracting; Environmental property rights; Environmental-related transactions; Private arrangement; Vittel; Environmental Economics and Policy; H23; K23; Q15; Q25.
Resumo: | Based on an authentic case of contracting for environmental property rights, our paper shows several implications of applying the Coase’s propositions. The case study adds empirical content to basic transaction costs concepts by analyzing the design and implementation of a contractual arrangement between a pollutee –a bottler of mineral water Vittel– and several polluting farmers. We analyze the bargaining between land and water rights owners and the bottler Vittel to determine how transaction cost issues (valuation disputes, bi-lateral monopoly conditions, and third-party effects) were overcome and how they succeeded in contracting for environmental property rights. We provide several comparisons of the Vittel case with other similar cases, leading to generalizations and testable propositions for environmental rights negotiations.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

17762

http://purl.umn.edu/24729

Editor: | AgEcon Search

Relação:

European Association of Agricultural Economists&gt;2005 International Congress, August 23-27, 2005, Copenhagen, Denmark

Contributed Paper

Formato:

22

application/pdf