Category: Environmental Economics
The resolution of unfair distribution of wealth entails cost. This situation is referred to as transaction cost. This article explores the meaning of transaction cost and clarifies this concept …
What is resource allocation? How is it practiced? What are suggested solutions to ensure fair distribution of wealth? Here’s an analysis of a recent case. Resource allocation has always …
Bribery can lead to environmental degradation. What are the pieces of evidence? Are there solutions to this age-old corrupt practice? This article explores these issues and presents four likely …
Many people view oil spills as grossly disadvantageous to everyone. In reality, there are benefits gained by some sectors from disasters like this. Read and find out how could …
Flooding has been a perennial problem in many countries. This is made worse by climate change. How do households and governments adapt to these events? I could not access …
