Abstract
Explores the implications of network effects on the ability and relative advantage of private institutions to regulate and focus on regulation as the mitigation of opportunistic behavior in transactions. Definition of opportunistic default on obligations; Classification of regulators; Elements that facilitate private ordering.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 1179-1238 |
| Number of pages | 60 |
| Journal | Brigham Young University law review |
| Volume | 2003 |
| Issue number | 4 |
| State | Published - Dec 1 2003 |
Keywords
- PRIVATIZATION
- TRADE regulation
- NEGOTIATION in business
- INDUSTRIAL policy
- OBLIGATIONS (Law)
- PRIVATE sector
- private legal systems