Economic sociology is a rapidly expanding field, applying sociology's core insight--that individuals behave according to scripts that are tied to social roles--to economic behavior. It places homo economicus (that tried-and-true fictive actor who is completely rational, acts only out of...

This paper examines the relationship between the wealth and power of states and their ability to participate fully within the World Trade Organization's system of dispute resolution. Two alternative hypotheses are considered. The power hypothesis predicts that politically weak countries will...

Why should governments delegate decision-making authority over territorial issues to an international institution? This study argues that governments are motivated to reach territorial solutions to reduce the opportunity costs associated with a festering dispute. The evidence suggests that...

Territorial disputes between governments generate a significant amount of uncertainty for economic actors. Settled boundary agreements produce benefits to economic agents on both sides of the border. These qualities of borders are missed both by realists, who view territorial conflicts in overly...

This article refutes the conventional view that globalization, and most importantly the international integration of financial markets, has resulted in a policy race to the bottom among the OECD countries. I demonstrate that globalization has been associated with increasing divergence in...

This paper compares legislative dynamics under all procedures in which the Council of Ministers votes by qualified majority (QMV). We make five major points. First, the EU governments have sought to reduce the democratic deficit by increasing the powers of the European Parliament since 1987,...