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Paperback Institutional Choice and Global Commerce Book

ISBN: 1107645921

ISBN13: 9781107645929

Institutional Choice and Global Commerce

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Format: Paperback

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Book Overview

Why do institutions emerge, operate, evolve and persist? 'Institutional Choice and Global Commerce' elaborates a theory of boundedly rational institutional choice that explains when states USE available institutions, SELECT among alternative forums, CHANGE existing rules, or CREATE new arrangements (USCC). The authors reveal the striking staying power of the institutional status quo and test their innovative theory against evidence on institutional...

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