The Optimal Design of International Trade Institutions: Uncertainty and Escape
AbstractInternational institutions differ greatly in their forms; the numberof states included, the decision-making mechanisms, the range of issuescovered, the degree of centralized control, and the extent ofexibility within them all vary substantially from one institution to thenext. What accounts for such variation? In this article, as part of thelarger Rational Design project on the design of internationalinstitutions, we claim that such variation can be accounted for as partof the rational, selfinterested behavior of states. We show that atleast one important aspect of institutional design can be explained as arational response of states to their environment.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal International Organization.
Volume (Year): 55 (2001)
Issue (Month): 04 (September)
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