Delegation of Authority in International Relations: The Promise and Limits of Agency Theory
نویسنده
چکیده
A focus on legal and formal rules seems like a reasonable strategy if we want to develop deductively sound and falsifiable hypotheses within a principal-agent (PA) framework while studying the choices of states and/or the behavior of international organizations (IOs). This does not mean that formal rules/procedures and formal measures of voting power can account for all the empirical patterns that interest us, nor will a focus on formal rules and power necessarily explain the largest percentage of the variance in our dependent variables. However, there are clear benefits to using formal rules within a PA framework and there are some under-appreciated costs when we attempt to incorporate soft law, informal rules, and norms.
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