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- W2137490897 abstract "What is the role of power in institutional design? In particular, how can the causal role of power be conceptualized, modeled, and operationalized within a specific theoretical framework to explain institutional variability? This analysis examines the role of power in the design of the General Agreement on Tariffs and Trade (GATT), focusing on the key institutional arrangements installed in the Geneva negotiations of 1947. Power is conceptualized as a direct effect on institutional design and measured in terms of the institutional preferences of the most powerful actor. The results of the analysis show first, that power exerts a significant main effect, as institutional arrangements reflect in particular the preferences of the leading actors; and second, that power also has strong interaction effects, affecting outcomes in institutional arrangements jointly with other significant explanatory factors and generally intensifying cooperation problems such as distribution and uncertainty among the leading actors." @default.
- W2137490897 created "2016-06-24" @default.
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- W2137490897 date "2006-01-01" @default.
- W2137490897 modified "2023-09-26" @default.
- W2137490897 title "Power and Institutional Design: The General Agreement of 1947" @default.
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