CORDIS Project
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Project Gine explores the relationship between institutional design and optimal contract formulation, particularly in the context of development aid and environmental policy. The project aims to create a framework that accounts for how institutions influence contract effectiveness and policy outcomes.
Existing institutional theory, including political economics and contract theory, convincingly show that institutional details have large impacts on economic and policy outcomes.
Once this is recognized, it follows that contracts should depend on the organisational design of the institution to which the contract is offered.
Stage 1 of Project Gine aims at characterising optimal contracts as a function of this design.
Stage 2 develops a framework for endogenising and characterising the optimal in…
UNIVERSITETET I OSLO
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