COVID-19 Measures. Institutional 'Errors', Transaction Costs and Adaptation in the Agriculture

This article combines law, behavioral and institutional economics in order to explain the existence of an “error” in the way the COVID-19 crisis has been managed. Bulgaria’s agriculture is in focus. The problem is presented as arising from the dualism of what is happening in the legal sphere; subjective decision-making models; challenges in assessing economic effects. In an institutional perspective, the levels of are measured: the quantitative changes of the rules; costs, as determining the individual choice, losses, etc. The adaptation of agriculture has been assessed