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096: Institutional diversity and the evolution of water markets with Dustin Garrick

In Common

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The Theory of Market Like Arrangements and the Trade Ability of Rights to Conservation

Mesori: Can we apply the logic from captan trade and pollution? What are e? mesori read his work, and it was one of these terms that sounds really interesting. Mesori: Some people say we need to minimize transaction costs in markets but is that just a way of helping ri do sometimes we want to increase transaction costs because we don't want,. we want to limit what people can buy and sell?mesori: These are things that i struggle with, because i don't want to dismiss markets. But then i'm like, ok, pantasea thing is a problem.

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