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Endangering Development: Politics, Projects, and Environment in Burkina Faso
The new institutional economics attempts to explain the degradation of natural resources using a rational-choice approach: social actors act rationally in the context of existing but inadequate institutions in that they attempt to make the best of a generally unsatisfactory situation. Engberg-Peders...
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Published in: | Africa (London. 1928) 2006, Vol.76 (3), p.437-438 |
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Main Author: | |
Format: | Review |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | The new institutional economics attempts to explain the degradation of natural resources using a rational-choice approach: social actors act rationally in the context of existing but inadequate institutions in that they attempt to make the best of a generally unsatisfactory situation. Engberg-Pedersen's empirical studies show, however, that the reactions of the village populations to the introduction of new decision-making structures have little to do with the rational cost-benefit considerations of individual actors. |
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ISSN: | 0001-9720 1750-0184 |
DOI: | 10.1353/afr.2006.0037 |