This study contributes to the understanding of behavioural responses to climate change induced extreme weatherevents. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method is outlined using the empirical case of agricultural...

The Brazilian legislation did not recognize pharmaceutical patents for products and processes up until 1996, an exemption which started in 1945 for products and 1969, for processes. In this period, the domestic companies freely reproduced medicines developed by large companies from abroad and...

This paper investigates the strategies adopted by economic actors in the context of an institutional change. We base ourselves on data collected as part of an exploratory study in the sugar and fresh vegetable supply chains in Mauritius. The reform of the sugar protocol between the European...

Systemic economic transition is a process of determined radical institutional change, aprocess of building new institutions required by a market economy. Nowadays, the experienceof transition countries with the implementation of new institutions could be reviewedas a method of economic...

The Theory of the Second Best implies that any country with less-than-ideal resources can lose from international trade. Recently it has been suggested this means the South (poor countries) are better off suppressing trade with the North, especially trade in natural resource products, since the...