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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...
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This Monitoring report on the implementation of FP6 during the year 2006 represents a unique endeavour, as it is …
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selected specific areas of FP implementation and performance to analyse and report on, the FP7 monitoring system is designed as … longitudinal analysis of the FP7 implementation. > …
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Programme to combat discrimination (2001-2006). This programme was established to support the effective implementation of new EU …
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Some regulation is needed to enhance growth and economic welfare, but too much undermines productivity. Generally, the …
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