Incomplete Contracting Theory and EU Treaty Provisions

An Empirical Approach

    Publikation: KonferencebidragPaperForskningpeer review

    Resumé

    This paper investigates interpretational ambiguity with reference to the ECC Treaty, and analyses its consequences. Theoretically, it suggests that incomplete contracts generate interpretational ambiguity, due to transaction costs but also to the inherent variability of language. Methodologically, the paper utilises an automated text analysis approach to measure the ambiguity of Treaty provisions on a number of indicators. Empirically, the analysis demonstrates a significant association between the indicators of article ambiguity and the number of laws and court rulings. It thus provides support for studies arguing that supranational actors including the Commission and Court of Justice will utilize ambiguity to further their institutional and political agendas.
    OriginalsprogEngelsk
    Publikationsdato2016
    StatusUdgivet - 2016
    Begivenhed23rd International Conference of Europeanists. CES 2016: Resilient Europe? - DoubleTree by Hilton Philadelphia Center City, Philadelphia, PA, USA
    Varighed: 14 apr. 201616 apr. 2016
    Konferencens nummer: 23
    http://councilforeuropeanstudies.org/conferences/past-conferences/11-meetings-and-conferences/222-23rd-international-conference-of-europeanists

    Konference

    Konference23rd International Conference of Europeanists. CES 2016
    Nummer23
    LokationDoubleTree by Hilton Philadelphia Center City
    LandUSA
    ByPhiladelphia, PA
    Periode14/04/201616/04/2016
    Internetadresse

    Bibliografisk note

    CBS Bibliotek har ikke adgang til materialet

    Citer dette

    Citi, M., & Jensen, M. D. (2016). Incomplete Contracting Theory and EU Treaty Provisions: An Empirical Approach. Afhandling præsenteret på 23rd International Conference of Europeanists. CES 2016, Philadelphia, PA, USA.
    Citi, Manuele ; Jensen, Mads Dagnis. / Incomplete Contracting Theory and EU Treaty Provisions : An Empirical Approach. Afhandling præsenteret på 23rd International Conference of Europeanists. CES 2016, Philadelphia, PA, USA.
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    title = "Incomplete Contracting Theory and EU Treaty Provisions: An Empirical Approach",
    abstract = "This paper investigates interpretational ambiguity with reference to the ECC Treaty, and analyses its consequences. Theoretically, it suggests that incomplete contracts generate interpretational ambiguity, due to transaction costs but also to the inherent variability of language. Methodologically, the paper utilises an automated text analysis approach to measure the ambiguity of Treaty provisions on a number of indicators. Empirically, the analysis demonstrates a significant association between the indicators of article ambiguity and the number of laws and court rulings. It thus provides support for studies arguing that supranational actors including the Commission and Court of Justice will utilize ambiguity to further their institutional and political agendas.",
    author = "Manuele Citi and Jensen, {Mads Dagnis}",
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    Citi, M & Jensen, MD 2016, 'Incomplete Contracting Theory and EU Treaty Provisions: An Empirical Approach' Paper fremlagt ved 23rd International Conference of Europeanists. CES 2016, Philadelphia, PA, USA, 14/04/2016 - 16/04/2016, .

    Incomplete Contracting Theory and EU Treaty Provisions : An Empirical Approach. / Citi, Manuele; Jensen, Mads Dagnis.

    2016. Afhandling præsenteret på 23rd International Conference of Europeanists. CES 2016, Philadelphia, PA, USA.

    Publikation: KonferencebidragPaperForskningpeer review

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    AU - Jensen, Mads Dagnis

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    PY - 2016

    Y1 - 2016

    N2 - This paper investigates interpretational ambiguity with reference to the ECC Treaty, and analyses its consequences. Theoretically, it suggests that incomplete contracts generate interpretational ambiguity, due to transaction costs but also to the inherent variability of language. Methodologically, the paper utilises an automated text analysis approach to measure the ambiguity of Treaty provisions on a number of indicators. Empirically, the analysis demonstrates a significant association between the indicators of article ambiguity and the number of laws and court rulings. It thus provides support for studies arguing that supranational actors including the Commission and Court of Justice will utilize ambiguity to further their institutional and political agendas.

    AB - This paper investigates interpretational ambiguity with reference to the ECC Treaty, and analyses its consequences. Theoretically, it suggests that incomplete contracts generate interpretational ambiguity, due to transaction costs but also to the inherent variability of language. Methodologically, the paper utilises an automated text analysis approach to measure the ambiguity of Treaty provisions on a number of indicators. Empirically, the analysis demonstrates a significant association between the indicators of article ambiguity and the number of laws and court rulings. It thus provides support for studies arguing that supranational actors including the Commission and Court of Justice will utilize ambiguity to further their institutional and political agendas.

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    Citi M, Jensen MD. Incomplete Contracting Theory and EU Treaty Provisions: An Empirical Approach. 2016. Afhandling præsenteret på 23rd International Conference of Europeanists. CES 2016, Philadelphia, PA, USA.