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Traditional economic theory describes economic agents as being perfectly rational. According to this approach, agents posses all necessary information and have the ability to process this information to make the best decision for maximizing their profit. However, in the real world this...
Persistent link: https://www.econbiz.de/10010430794
This short paper considers all possible stakeholders in different stages of a sustainability transition and matches their behavioral features and diversity to policies. This will involve an assessment of potential or expected responses of stakeholders to a range of policy instruments. Following...
Persistent link: https://www.econbiz.de/10010426483
Area 5 focuses on the regional and local dimensions of the new European path to socio-ecological transition. Its central assumption is that any strategy developed to enhance a socio-ecological transition is unlikely to yield strong results unless the resources of regional and local actors are...
Persistent link: https://www.econbiz.de/10010432463