Incomplete Contracting Theory and EU Treaty Provisions: An Empirical Approach

    Research output: Contribution to conferencePaperResearchpeer-review

    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.
    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.

    Conference

    Conference23rd International Conference of Europeanists. CES 2016
    Number23
    LocationDoubleTree by Hilton Philadelphia Center City
    CountryUnited States
    CityPhiladelphia, PA
    Period14/04/201616/04/2016
    Internet address

    Bibliographical note

    CBS Library does not have access to the material

    Cite this

    Citi, M., & Jensen, M. D. (2016). Incomplete Contracting Theory and EU Treaty Provisions: An Empirical Approach. Paper presented at 23rd International Conference of Europeanists. CES 2016, Philadelphia, PA, United States.
    Citi, Manuele ; Jensen, Mads Dagnis. / Incomplete Contracting Theory and EU Treaty Provisions : An Empirical Approach. Paper presented at 23rd International Conference of Europeanists. CES 2016, Philadelphia, PA, United States.
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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}",
    note = "CBS Library does not have access to the material; null ; Conference date: 14-04-2016 Through 16-04-2016",
    year = "2016",
    language = "English",
    url = "http://councilforeuropeanstudies.org/conferences/past-conferences/11-meetings-and-conferences/222-23rd-international-conference-of-europeanists",

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    Citi, M & Jensen, MD 2016, 'Incomplete Contracting Theory and EU Treaty Provisions: An Empirical Approach' Paper presented at, Philadelphia, PA, United States, 14/04/2016 - 16/04/2016, .

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

    2016. Paper presented at 23rd International Conference of Europeanists. CES 2016, Philadelphia, PA, United States.

    Research output: Contribution to conferencePaperResearchpeer-review

    TY - CONF

    T1 - Incomplete Contracting Theory and EU Treaty Provisions

    T2 - An Empirical Approach

    AU - Citi,Manuele

    AU - Jensen,Mads Dagnis

    N1 - CBS Library does not have access to the material

    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.

    M3 - Paper

    ER -

    Citi M, Jensen MD. Incomplete Contracting Theory and EU Treaty Provisions: An Empirical Approach. 2016. Paper presented at 23rd International Conference of Europeanists. CES 2016, Philadelphia, PA, United States.