{"refrec":{"BRefID":329760,"RR":"<b>Hagedorn, K.</b> (2008). Particular requirements for institutional analysis in nature-related sectors. <i>European Review of Agricultural Economics 35(3)</i>: 357-384. <a href=\"https://dx.doi.org/10.1093/erae/jbn019\" target=\"_blank\">https://dx.doi.org/10.1093/erae/jbn019</a>","BEntID":323367,"PublicFlag":1,"CheckedFlag":0,"wosflag":1,"vabbflag":1,"RefStringPartII":". <i>European Review of Agricultural Economics 35(3)</i>: 357-384. <a href=\"https://dx.doi.org/10.1093/erae/jbn019\" target=\"_blank\">https://dx.doi.org/10.1093/erae/jbn019</a>","DocTypID":8,"DocType":"Journal article","MarineFlag":0,"FreshFlag":0,"BrackishFlag":0,"TerrestrialFlag":0,"Authorstring":"Hagedorn, K.","OrigTitleTranslFlag":0,"Authorstringtrunc":"Hagedorn, K.","Englishabstract":"Agriculture, horticulture, fishery and forestry are nature-related sectors that interact frequently with natural systems. This interaction represents a source of enforcement problems and transaction costs in the context of governing transactions. Institutional analytical frameworks used in agricultural economics should consider the particular properties of transactions involving natural systems. For ordering nature-related transactions, we propose a heuristic framework based on two dimensions: ‘modularity and decomposability of structures’ and ‘functional interdependence of processes’. It serves as a starting point for establishing a typology ranging from ‘atomistic-isolated transactions’ to ‘complex-interconnected transactions’. 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