Discovering cooperation: a contractual approach to institutional change in regional international organizations
Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere
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San Domenico di Fiesole: European University Institute, 2014. (EUI Working Paper RSCAS; Band 2014, Nr. 65).
Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere
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RIS
TY - UNPB
T1 - Discovering cooperation
T2 - a contractual approach to institutional change in regional international organizations
AU - Marks, Gary
AU - Lenz, Tobias
AU - Ceka, Besir
AU - Burgoon, Brian
PY - 2014
Y1 - 2014
N2 - This paper offers a fresh perspective on institutional change drawing on recent advances in the economic theory of contracting. Contractual incompleteness enhances organizational flexibility, but only at the cost of perceptual ambiguity. We hypothesize that the willingness to engage in a highly incomplete contract depends on shared understandings which reduce the cost of perceptual ambiguity. These claims are evaluated using a new dataset on delegation of state authority to non-state actors in 35 regional international organizations from 1950 to 2010. We are able to confirm across a wide range of models and specifications that reform is guided by contractual incompleteness and that contractual incompleteness is rooted in shared historical experience.
AB - This paper offers a fresh perspective on institutional change drawing on recent advances in the economic theory of contracting. Contractual incompleteness enhances organizational flexibility, but only at the cost of perceptual ambiguity. We hypothesize that the willingness to engage in a highly incomplete contract depends on shared understandings which reduce the cost of perceptual ambiguity. These claims are evaluated using a new dataset on delegation of state authority to non-state actors in 35 regional international organizations from 1950 to 2010. We are able to confirm across a wide range of models and specifications that reform is guided by contractual incompleteness and that contractual incompleteness is rooted in shared historical experience.
KW - Politics
KW - regional international organizations
KW - contracting
KW - institutional cooperation
KW - institutional change
M3 - Working papers
T3 - EUI Working Paper RSCAS
BT - Discovering cooperation
PB - European University Institute
CY - San Domenico di Fiesole
ER -