This paper analyses the effects of decoupling (as introduced in the 2003 reform of the EU Common Agricultural Policy) on farm income and investment behaviour. The results of a dynamic multi-objective household model for 80 farm households in 8 EU countries are analysed and presented through a...

In developing his famous theory of social costs, K. William Kapp claimed to draw inspiration from the theory of open systems. The present paper reconstructs the notion of social costs from the perspective of the Luhmannian theory of autopoietic social systems, an alternative systems-theoretic...

Third sector organisations play a prominent role in rural development. Yet, such organisations have been largely neglected by existing economic research. This paper examines the potential role of standard theories of the third sector and collective action in explaining the motivations to form...