Appendix: Institutions and externalities

This "appendix" by Partha Dasgupta can profitably be read as an introduction to and context for the Ostrom chapter on which we will focus in the seminar discussions. It paints a broader picture of the causes of institutional failure in the governance of human-environment systems, but does so from a more classically rational-actor view of human agency than the approach used in the Ostrom paper. As you will gather, the book authors have not quite come to terms with their different perspectives on the question of institutions... We look forward to your comments and suggestions.

2_4a_Institutions_Externalities_-_Inst_Failure_vS1.pdf — PDF document, 63Kb