"Examines international cooperation in European security from a transaction cost economics perspective. This book addresses the puzzle of how to approach differing institutional preferences. It argues that the reduction and limitation of transaction costs was the primary determinant of security...

The principles, values and manifestations of multilateralism, including the United Nations, are under sustained scrutiny and assault. Their performance and effectiveness are questioned, as are their decision-making procedures and their representation according to 21st century standards of...