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[Translation from English to Japanese ] This article raises a number a theoretical issues about how economics can con...

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This article raises a number a theoretical issues about how economics can conceptualize collective action.

The functionalist New Institutional Economics approaches to understanding urban food systems, such as Smith, suggest that the criteria for judging the success of an association are only based on how much it is needed or in terms of the benefit it brings to its members though reducing transaction costs.

Khalil states that there are many cases of inefficient rules and property rights that persist beyond their economic usefulness, which cannot be explained by an analysis of transaction cost alone.

mars16 Translated by mars16


Khalilは、経済的な有用性を超えて存在する非効率な規則や財産権が多く見られるという。 これは、取引費用の分析だけでは説明することができない。

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