| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
Contracting for Environmental Property Rights: The Case of Vittel
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| Autores: |
Depres, Christophe
Grolleau, Gilles
Mzoughi, Naoufel
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| Data: |
2005-09-28
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| Ano: |
2005
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| 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 Coases 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.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
17762
http://purl.umn.edu/24729
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| Editor: |
AgEcon Search
|
| Relação: |
European Association of Agricultural Economists>2005 International Congress, August 23-27, 2005, Copenhagen, Denmark
Contributed Paper
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| Formato: |
22
application/pdf
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