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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/4103
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| Title: | | How global rules are established and stabilized  |
| Authors: | | Siebert, Horst |
| Issue Date: | | 2007 |
| Series/Report no.: | | Kieler Arbeitspapiere 1388 |
| Abstract: | | This paper analyzes how international rules are established and stabilized, i.e. how an international institutional order develops. Rules emerge mainly through learning from negative experience and serve to reduce transaction costs. The paper looks at mechanisms that stabilize rule systems, at bargaining procedures for cooperation gains, dispute settlement, sanctions, side payments, self-enforcing contracts, waivers and regional integrations within a multilateral order. In addition it analyzes the prevention of negative spillovers, international courts and global public goods. |
| Subjects: | | International rules Transaction costs Institutional competition Gains from cooperation Bargaining for cooperation gains Positive mechanisms |
| JEL: | | F02 P00 A12 F15 K00 N00 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online Kieler Arbeitspapiere, IfW
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| kap1388.pdf | | 418.89 kB | Adobe PDF |
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