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GOVERNING STRUCTURAL CHANGE AND EXTERNALITIES IN AGRICULTURE: TOWARD A NORMATIVE INSTITUTIONAL ECONOMICS OF RURAL DEVELOPMENT AgEcon
Petrick, Martin.
The paper aims at a conceptual contribution to the normative economic analysis of rural de-velopment (RD) policies. RD is regarded as a problem of interaction between individuals; (lacking) structural change or the (missing) integration of externalities are therefore recon-structed as coordination rather than allocation problems. A social dilemma is taken as the paradigmatic core of normative institutional economics: how can potential gains from coop-eration be realised by way of institutional policy? Starting from a critique of the hitherto dominating welfare economics conception, three principles for institutional policy are de-rived: (1) the realisation of gains from cooperation as the normative, regulative idea, (2) in-centive-compatible...
Tipo: Working or Discussion Paper Palavras-chave: Rural development; Institutional economics; Welfare economics; Social dilemma; Institutionenökonomik; Wohlfahrtsökonomik; Soziales Dilemma; Ländliche Entwicklung; Community/Rural/Urban Development; Institutional and Behavioral Economics; D 63; D 74; Q 18; Q58.
Ano: 2004 URL: http://purl.umn.edu/14878
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