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Environmental Efficiency

  • Michael Perelman
Chapter
  • 63 Downloads

Abstract

According to the iron logic of economics, markets supposedly avoid the Tragedy of the Commons by assigning higher prices to relatively scarce commodities. This form of rationing encourages people to find ways of economizing on scarce resources.

Keywords

Prussian Blue Environmental Efficiency Market Discipline Hybrid Corn Corn Crop 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Michael Perelman 2003

Authors and Affiliations

  • Michael Perelman

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