Societies provide institutions that are costly to use, but able to enforce long-run relationships. We study the optimal decision problem of using self-governance for risk sharing or governance through enforcement provided by these institutions. Third-party enforcement is modelled as a costly...

The first, comprehensive report, "EXPLAINING ENLARGEMENT" was published in March 2002, and outlines the progress made since the launch of the strategy in May 2000.

The primary goal of this project was to propose a Risk Governance Framework for European CIs in the interface between the ICT and energy sector, based on the analysis of actors, regulatory, market and technical factors, decision processes, problem framing, development of risk scenarios and...

The primary goal of this project was to propose a Risk Governance Framework for European CIs in the interface between the ICT and energy sector, based on the analysis of actors, regulatory, market and technical factors, decision processes, problem framing, development of risk scenarios and...