THE WELFARE ANALYTICS OF TRANSACTION COSTS, EXTERNALITIES, AND INSTITUTIONAL CHOICE

被引：19

作者：

GRIFFIN, RC

机构：

[1] Department of Agricultural Economics, Texas A and M University

来源：

AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS | 1991年 / 73卷 / 03期

关键词：

EXTERNALITY; INSTITUTIONS; PROPERTY RIGHTS; RESOURCE POLICY; TRANSACTION COSTS; WELFARE ECONOMICS;

D O I：

10.2307/1242813

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

A natural result of the economist's participation in externally literature has been a strong emphasis upon market and price-guided policies. Available theoretical foundations are insufficient for supporting this ideology. Absent is a conceptual framework which integrates institutional options and their attendant resource costs with what we know of resource and technology constraints. This paper addresses this omission by incorporating an explicit role for transaction costs into traditional welfare diagrammatics.

引用

页码：601 / 614

页数：14

共 20 条

[1]

[Anonymous], 1977, PUBLIC USE PRIVATE I

[2] MEASUREMENT COST AND THE ORGANIZATION OF MARKETS [J].