This research investigates the efficiency and equity impacts of the cropland rental market in rural Vietnam and attempts to identify the determinants and importance of transaction costs impeding this market. A generalised ordered logit model with shifting thresholds accounting for effects of...

This paper examines efforts to develop industry led self-governance in the Bluff Oyster Fishery. The paper focuses on participatory management and its ability to address some of the unintended consequences of management – for example high-grading. The Bluff oyster fishery’s administrative...

A crucial factor in the success of any water quality trading market is its ability to cost-effectively reallocate nutrient allowances from initial holders to those users who find them most valuable; the market's trading efficiency. We explore causes of and solutions to trading inefficiency by...