The author shows how sustainable development may be organized, valued and distributed by introducing situational contracting as an interactive and contextual mode of governance. Situational contracting provides a road map for where we want to go, serving the prevailing ideology in implementing the trade between efficiency and fairness.
Environmental Economics Behavioural Economics Political Economy Mechanism Design Cost-benefit analysis Valuation Distribution Governance Situational Contracting Political Philosophy competition development Economic Development efficiency environmental economics environmental policy political economy sustainable development
Authors and affiliations
Dirk Jacob Wolfson
1.Erasmus University RotterdamThe Netherlands
Copyright InformationThe Editor(s) (if applicable) and The Author(s) 2015