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Registros recuperados: 16 | |
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Carpenter, Stephen R; University of Wisconsin-Madison; srcarpen@wisc.edu; Brock, William; University of Wisconsin; brock@macc.wisc.edu; Hanson, Paul; University of Wisconsin; pchanson@facstaff.wisc.edu. |
Simulation models were developed to explore and illustrate dynamics of socioecological systems. The ecosystem is a lake subject to phosphorus pollution. Phosphorus flows from agriculture to upland soils, to surface waters, where it cycles between water and sediments. The ecosystem is multistable, and moves among domains of attraction depending on the history of pollutant inputs. The alternative states yield different economic benefits. Agents form expectations about ecosystem dynamics, markets, and/or the actions of managers, and choose levels of pollutant inputs accordingly. Agents have heterogeneous beliefs and/or access to information. Their aggregate behavior determines the total rate of pollutant input. As the ecosystem changes, agents update their... |
Tipo: Peer-Reviewed Reports |
Palavras-chave: Adaptive agent models; Adaptive management; Bounded rationality; Ecological economics; Ecosystem oscillations; Integrated models; Lake eutrophication; Nonpoint pollution; Phosphorus cycles; Simulation models; Social-natural systems.. |
Ano: 1999 |
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Tisdell, Clement A.. |
After briefly reviewing recent economic theories about the economic welfare consequences of public provision of private commodities, this article examines the cost efficient supply of publicly provided commodities. In the light of the presence of transaction costs and bounded rationality, and consequences for the competence of public bodies, it considers whether the following are cost effective: (1) increased out-sourcing of government funded work and supplies using market and competitive mechanisms; (2) greater contestability of employment in the public sector; (3) more widespread imposition of user charges for publicly supplied commodities; and (4) the increased use of performance budgeting and accounting in the public sector. These measures are often... |
Tipo: Working or Discussion Paper |
Palavras-chave: Bounded rationality; Competence; Economic efficiency; Transaction costs; User charges; Public Economics. |
Ano: 2003 |
URL: http://purl.umn.edu/90529 |
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Ferreira, Gabriel Murad Velloso; Waquil, Paulo Dabdab; Goncalves, Wilson Magela. |
The present research aimed to analyze the impact of opportunistic behavior and bounded rationality impacts in the forms of contract adopted by the Agricultural Consortium of Specialized Farms (C.A.F.E.). For that, a case study was accomplished with the objective to embrace the most important characteristics of the theme as well as its process of development. The theoretical reference that gave support to this study it was the Transaction Costs Economics (TCE). Through the analysis of the variables approached by TCE, more specifically the behavioral factors (bounded rationality, opportunism) and forms of contract, it was concluded that, in the case studied the existence of opportunism interferes in certain way in the trust increasing the transactional... |
Tipo: Journal Article |
Palavras-chave: Contracts; Opportunism; Bounded rationality; Specialty coffees. |
Ano: 2006 |
URL: http://purl.umn.edu/43810 |
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Tisdell, Clement A.. |
After briefly reviewing recent economic theories about the economic welfare consequences of public provision of private commodities, this article examines the cost efficient supply of publicly provided commodities. In the light of the presence of transaction costs and bounded rationality, and consequences for the competence of public bodies, it considers whether the following are cost effective: (1) increased out-sourcing of government funded work and supplies using market and competitive mechanisms; (2) greater contestability of employment in the public sector; (3) more widespread imposition of user charges for publicly supplied commodities; and (4) the increased use of performance budgeting and accounting in the public sector. These measures are often... |
Tipo: Working or Discussion Paper |
Palavras-chave: Bounded rationality; Competence; Economic efficiency; Transaction costs; User charges; Public Economics. |
Ano: 2003 |
URL: http://purl.umn.edu/90524 |
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Tisdell, Clement A.. |
Relationships between bounded rationality and transaction cost theories are discussed and their connections with stochastic theories of industrial evolution are considered. While these theories have their limitations, they are useful but have been ignored in many public policy prescriptions, especially those involving markets. For example, as discussed, these theories have failed, on the whole, to influence competition policy and the design of more efficient systems for public administration (contracting out, labour contracts for public employment, adoption of the user-pays principle and use of performance budgeting and accounting), as well as in policies to remove market frictions. The result may be less efficient systems than otherwise achievable and... |
Tipo: Working or Discussion Paper |
Palavras-chave: Bounded rationality; Competition policy; Evolutionary theory; Market dynamics; Public administration; Transaction costs; Public Economics; D23; H11; I20. |
Ano: 2004 |
URL: http://purl.umn.edu/90531 |
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Registros recuperados: 16 | |
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