Principal agent problems arise frequently in situations of interdependence. Europe, with its various arrangements, is replete with principal agent problems that are mediated by institutions at various levels. While issues of water and land can provide a convenient focus, the essential problem is...

The goal in this paper is to sketch a line of approach which may help order considerations of transition in various regions. Adjustments to change can occur in various ways, and they do. Dealing with such diversity is a challenge for analysts and policy makers in various sectors, regions and...