Designing Decisions Rules for Transnational Infrastructure Projects
This article discusses the implications of decision rules in the governance structures of transnational infrastructure projects. It stresses that decision rules strongly affect the performance of the partnership and that, consequently, attention should be given to their design at the initial stage. The article also stresses the fact that partners must not only agree on how to make ordinary decisions, but also special ones such as, for example, changing the rules along the way or making changes to the membership of the group. This paper makes the following specific points. First, the choice of partners is a key variable, which affects the choice of decision rules and, in turn, is influenced by the conditions for new entrants. Second, the choice of decision rules can crucially affect the degree of confidence and the level of cooperation among partners, as well as the speed at which the partnership adopts new decisions. Third, agreements on how to eventually change the initial set of rules and partners should be part of the design of a well established decision system.
|Date of creation:||May 2003|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.iadb.org/publications/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Salvador Barberà & Matthew O. Jackson, 2000.
"Choosing How to Choose: Self-Stable Majority Rules and Constitutions,"
57, Barcelona Graduate School of Economics.
- Salvador Barbera & Matthew O. Jackson, 2004. "Choosing How to Choose: Self-Stable Majority Rules and Constitutions," The Quarterly Journal of Economics, MIT Press, vol. 119(3), pages 1011-1048, August.
- Salvador BARBER?Author-Email: email@example.com & Matthew O. JACKSON, 2003. "Choosing How to Choose: Self-Stable Majority Rules and Constitutions," UFAE and IAE Working Papers 596.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Salvador Barbera & Matthew O. Jackson, 2002. "Choosing How to Choose: Self Stable Majority Rules," Microeconomics 0211003, EconWPA.
- Jackson, Matthew O. & Barbera, Salvador, 2002. "Choosing How Choose: Self-Stable Majority Rules," Working Papers 1145, California Institute of Technology, Division of the Humanities and Social Sciences.
- Danilo Coelho, 2005. "Maximin choice of voting rules for committees," Economics of Governance, Springer, vol. 6(2), pages 159-175, 07.
- Suryapratim Banerjee & Hideo Konishi & Tayfun Sonmez, 1999.
"Core in a Simple Coalition Formation Game,"
Boston College Working Papers in Economics
449, Boston College Department of Economics.
- Barbera, Salvador & Perea, Andres, 2002. "Supporting others and the evolution of influence," Journal of Economic Dynamics and Control, Elsevier, vol. 26(12), pages 2051-2092, October.
- Barbera, S. & Maschler, M. & Shalev, J., 2001.
"Voting for Voters: A Model of Electoral Evolution,"
Games and Economic Behavior,
Elsevier, vol. 37(1), pages 40-78, October.
- BARBERA, Salvador & MASCHLER, Michael & SHALEV, Jonathan, 1998. "Voting for voters: a model of electoral evolution," CORE Discussion Papers 1998022, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Salvador Barberà & Michael Maschler & Jonathan Shalev, 1998. "Voting for Voters: A Model of Electoral Evolution," Game Theory and Information 9804001, EconWPA.
- Grandmont, Jean-Michel, 1978. "Intermediate Preferences and the Majority Rule," Econometrica, Econometric Society, vol. 46(2), pages 317-30, March.
- Laruelle, Annick & Valenciano, Federico, 2002. "Inequality among EU citizens in the EU's Council decision procedure," European Journal of Political Economy, Elsevier, vol. 18(3), pages 475-498, September.
When requesting a correction, please mention this item's handle: RePEc:idb:brikps:38898. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Monica Bazan)
If references are entirely missing, you can add them using this form.