Agro-Ecosystem Services – Governance Needs and Efficiency
Hrabrin Bachev ()
MPRA Paper from University Library of Munich, Germany
This paper incorporates the interdisciplinary New Institutional and Transaction Costs Economics and suggests a holistic framework for analysis of management agro-ecosystem services. That new approach for analyses and assessment of management of agro-ecosystem services includes: definition of the agro-ecosystem services and the governance; specification of governance needs of agro-ecosystem services and the spectrum of available governing modes (formal and informal institutions, market, private, public and hybrid forms); assessment of efficiency of different modes of governance in terms of their potential to protect diverse eco-rights and investments, assure a socially desirable level of agro-ecosystem services, minimize overall costs, coordinate and stimulate eco-activities, meet individual and social preferences and reconcile conflicts of related agents etc.
Keywords: ecosystem services; mechanisms of governance; environmental management; market; private; public and hybrid governance (search for similar items in EconPapers)
JEL-codes: D02 D03 D21 D23 D73 D74 D86 Q01 Q12 Q13 Q15 Q18 Q20 Q24 Q25 Q26 Q27 Q28 Q34 Q38 Q56 Q57 Q58 R58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-env
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