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After the fall of state socialism about two decades ago, democracy and market economies were assumed to diffuse worldwide. However, the American financial crisis of 2008, leading to a worldwide economic crisis caused increasing criticism of capitalism. As laissez-faire capitalism, Keynesianism...
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This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional economics school of thoughts which is based on Williamson, North, Coase and Ostrom theories on transaction cost economics, property rights and collective actions. Based on these...
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Identification and characterization of farming systems simplify huge diversity of farm types in complex agro-ecosystems, which is of critical importance for precise technological intervention and informed policy support. Multivariate statistical techniques like Principal Component Analysis (PCA)...
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