Eric Brousseau

Paris Dauphine University | UPD · Dauphine Center for Management Research (DRM)

This handbook is currently in development, with individual articles publishing online in advance of print publication. At this time, we cannot add information about unpublished articles in this handbook, however the table of contents will continue to grow as additional articles pass through the review process and are added to the site. Please note...

This handbook is currently in development, with individual articles publishing online in advance of print publication. At this time, we cannot add information about unpublished articles in this handbook, however the table of contents will continue to grow as additional articles pass through the review process and are added to the site. Please note...

This work examines the informational lobbying prior to the proposal drafting by the European Commission on the wholesale roaming regulation through the lens of the framework of political market. We employ a mixed approach that combines topic modelling, multivariate regression, and qualitative text analysis based on the textual replies to the public...

This paper studies the interactions between European Union institutions and the Member States with regard to state aid control. The mandate of the European Commission includes the maintenance and strengthening of economic integration, and as such it may discipline any Member States that undermine the single market. Relying on an original database c...

The symposium brings together case studies that are all about reasonably successful experiments in institution building and policy making by interactions between public and private spheres. The cases deal with the provision of information enabling market to perform, law making, and the control of political discretion and public bureaus. Each in its...

While the exercise of leadership by states is critical in the study of regional and global governance, scholars must pay close attention to the role of nonstate actors and networks as well.

Different types of markets exist throughout the world but how are they created? In this book, an interdisciplinary team of authors provide an evolutionary vision of how markets are designed and shaped. Drawing on a series of case studies, they show that markets are far from perfect and natural mechanisms, and propose a new view of markets as social...

Markets are key social technologies since they are the vector of impersonal exchange and competition. Implementing markets or developing more efficient markets are essential factors of growth since they lead to a deeper social division of labor, favor a better use of resources due to the combination of incentives and the ability to do so, and foste...

Different types of markets exist throughout the world but how are they created? In this book, an interdisciplinary team of authors provide an evolutionary vision of how markets are designed and shaped. Drawing on a series of case studies, they show that markets are far from perfect and natural mechanisms, and propose a new view of markets as social...

Political and economic rights are envisaged as the outcome of an ongoing bargain between citizens and their rulers. Over the long run, this constitutive process shapes the development of both the economy and the state. Globalization, however, corresponds to a period where both the market and civil society extend far beyond the borders of the initia...

Since the publication of path-breaking contributions on the governance of environmental resources in the early 1990s many political initiatives have been taken, many governance experiments have been run, and a large multidisciplinary field of research has opened up. The aim of this interdisciplinary book is to take stock of the dispersed knowledge...

This chapter reviews the dilemmas associated with establishing collective goals in matters of sustainable development, then the properties of the mechanisms available for deciding to frame our behaviors, as well as the policy toolkit. Governmental intervention is both possible and legitimate when crises occur. In that case, the need for rapid and m...

Digital technologies have prompted the emergence of new modes of regulation and governance, since they allow for more decentralized processes of elaboration and implementation of norms. Moreover, the Internet has been raising a wide set of governance issues since it affects many domains, such as individual rights, public liberties, property rights,...

Introduction Digital technologies play a major role in the profound changes that characterize political and economic regulations both within nation states and in international relations. They often provide the conditions for these evolutionary processes by means of new modes of information circulation, of interactions between individuals and of col...

Digital technologies have prompted the emergence of new modes of regulation and governance, since they allow for more decentralized processes of elaboration and implementation of norms. Moreover, the Internet has been raising a wide set of governance issues since it affects many domains, such as individual rights, public liberties, property rights,...

This chapter focuses on efforts to create a process of analyzing the different contributors to the efficient and legal provision of global public goods (GPGs). It shows how social interactions generate various governance mechanisms that interact and gain significance in global governance. The chapter also reveals that the provision of public goods...

This book has reviewed new challenges faced in the governance of global public goods (GPGs) in terms of environmental concern and emerging global issues, and has compressed the generated knowledge and developed perspectives for understanding and designing the governance of GPGs. It has also demonstrated, through an analysis, that the state/governme...

Governance challenges and solutions for the provision of global public goods in such areas as the environment, food security, and development. © 2012 Massachusetts Institute of Technology. All rights reserved.

In the opinion of many actors and commentators, the subject of internet governance tastes like an old wine in a new bottle – to the extent that some consider, for instance, network neutrality to be more a matter of co-regulation than of internet governance (Marsden, 2010). This experience of déjà vu occurs infrequently when we are dealing with netw...

Digital technologies play a major role in the profound changes that characterize political and economic regulations both within nation states and in international relations. They often provide the conditions for these evolutionary processes by means of new modes of information circulation, of interactions between individuals and of collective organ...

Purpose The purpose of this paper is to examine how the market potential for internet services interacted historically with the diffusion process of fixed line and mobile telephony. Design/methodology/approach The authors evaluate the historical interactions between internet, fixed line and mobile telephony using the International Telecommunicatio...

Network industries are now characterized by a regime of permanent innovation, while they continue to be fixed and sunk cost industries, due to the high level of investments in R&D and infrastructures. Players in these industries need to coordinate their investments; hence a threat of collusion. In the same time competition is fierce due to the oppo...

Highlights ► Understanding emergence and evolution is key to analyze the nature of institutions. ► Conceiving institutions as equilibria of beliefs allows exploring the role of rationality. ► Institutions might also be seen as the result of strategies by agents or coalitions. ► The dynamic of law result from the necessity to adapt to evolving issue...

This paper surveys alternative approaches to the emergence and evolution of institutions. The challenge is to develop frameworks capable of capturing both stability and change. We follow a "descaling" approach to show how founding assumptions about economics--namely, alternative assumptions about individual rationality and the role of social effici...

This paper proposes an analysis of the emergence and evolution of institutional frameworks. It explains the causes, process, and outcome of institutional evolution. We first describe the institutional framework as a multilevel system at the bottom of which several "local and flexible" institutions apply to subsets of the society while, at the top,...

This paper proposes a framework for analyzing governance in terms of centralization vs. decentralization of the provision of an order to a given community. It is the main tradeoff behind many issues related to the organization of the institutions that frame either political activities (constitution and federalism) or the economy (e.g. public vs. pr...

Just as medieval municipal republics surrendered to national sovereigns in the past, incumbent states may be replaced in the future by an alternate, global public order. Citizens and merchants would obtain more equal rights, better market infrastructures, and a more efficient provision of public goods at all levels of government, from the local to...

Just as medieval municipal republics surrendered to national sovereigns in the past, incumbent states may be replaced in the future by an alternate, global public order. Citizens and merchants would obtain more equal rights, better market infrastructures, and a more efficient provision of public goods at all levels of government, from the local to...

The process of development is linked to the rise of an integrated and competitive economy and polity that allow a maximal division of labor and innovation. This process relies on two intertwined dynamics. First, in the establishment of the rule of law, legal instruments are appropriated by those who call for more autonomy, resulting in a progressiv...

Just as medieval municipal republics surrendered to national sovereigns in the past, incumbent states may be replaced in the future by an alternate, global public order. Citizens and merchants would obtain more equal rights, better market infrastructures, and a more efficient provision of public goods at all levels of government, from the local to...

The key role of institutions for economic performance has recently been acknowledged in the economic policy debate. This paper aims at pointing out the main policy lessons and the recommendations to be drawn from New Institutional Economics (NIE), when considering the organization of markets. We examine, first, the domains - namely the establishmen...

In this paper we review contracting issues raised by a government’s decision to contract out activities linked to public services, as well as highlighting potential future research avenues. We first review the different kinds of contracting arrangements and public private partnerships used by government to contract out their activities. In Section...

As empirical assesments of institutions through composite indexes have becomed one of the most dynamic trend of research in institutional economics, some contributors still worry about their lack of theoretical leakage and about the robustness of the computational technics mobilized. This papers first define the gap between the institutional theory...

Strategic behaviour in digital markets is difficult to interpret as these industries compete via alternative business models, rather than competing via an accepted business format. Digital market strategies are also more sophisticated and dynamic along product positioning and pricing, alliance, merger and acquisition, and innovation activity dimens...

Institutions frame behaviors and exchanges in markets, business networks, communities, and organizations throughout the world. Thanks to the pioneering work of Ronald Coase, Douglas North and Olivier Williamson, institutions are now recognized as being a key factor in explaining differences in performance between industries, nations, and regions. T...

Introduction: contracts … and institutions: Contracts as analytical tools, contracts as objects of analysis Although many textbooks point out that new institutional economics (NIE) brought firms, institutions, and property rights to the forefront of the research agenda of economists it should be highlighted that it strongly contributed to turn cont...

This article provides an empirical assessment of payment schemes implemented in technology licensing agreements. We propose that differences in payment schemes reflect the ex ante measurement costs and the ex post contractual hazards existing in such agreements. We argue that such costs evolve with the quality of the protection provided to the lice...

Institutions frame behaviors and exchanges in markets, business networks, communities, and organizations throughout the world. Thanks to the pioneering work of Ronald Coase, Douglas North and Olivier Williamson, institutions are now recognized as being a key factor in explaining differences in performance between industries, nations, and regions. T...

On the basis of an in depth analysis of the flow of revenues within the music industry and of the emerging practices, we attempt to understand the logic at play in the current evolution of the structure of the industry. We claim that the record companies used to play a role that was useful for the dynamic and for the quality of music production, an...

This paper presents a new methodology aimed at building institutional indicators. Up to now, all the available indicators have relied on an analysis of the supply of legal protection. Conversely we propose here a methodology based on the analysis of the demand for legal protection, as it is revealed by the choices of economic agents when designing...

Introduction Since the “privatization” of the Internet in the United States in the mid-1990s, the network of networks has developed rapidly. This has been matched by a wave of innovation in information technology, as well as in many areas of its application, giving rise to a multitude of on-line services and new “business models”. In the same perio...

The paper proposes an analytical framework for comparing different business models for producing information goods and digital services. It is based on three dimensions that also refer to contrasted literature: the economics of matching, the economics of assembling and the economics of knowledge management. Our framework attempts to identify the pr...

This paper provides new evidence on the contractual governance of technology licensing agreements. Using an international sample of licensing contracts, we explore how contracts are designed to deal with specific contractual risks. In particular, we comparatively assess the influences of transaction attributes, institutional frameworks, and strateg...

Over the past decade, the distribution/growth of information technology (IT) has transformed the organization of economic activities. IT has enhanced economic agents' capabilities to collect and process information, to coordinate and manage transactions. Although IT threatens the activities of traditional intermediaries, it also creates new opportu...

This paper presents a new methodology aimed at building institutional indicators. Up to now, all the available indicators have relied on an analysis of the supply of legal protection. Conversely we propose here a methodology based on the analysis of the demand for legal protection, as it is revealed by the choices of economic agents when designing...

How are our societies being transformed by internet and digital economics? This book provides an accessible introduction to the economics of the internet and a comprehensive account of the mechanisms of the digital economy. Leading scholars examine the original economic and business models being developed as a result of the internet system, and exp...

Can economics be of any use to design C or at least to think -institutional frameworks that would meet the necessary ethical requirements to govern the information society? By relying on a survey of the economics of institutional design in which two types of tradeoff -centralization vs. decentralization and public vs. private provision of orders -...

The French-specific path for e-commerce is shaped by the characteristics of the country’s economy and innovation system. The French national system of innovation is led by large established firms that are not well adapted to the decentralized process of innovation at the heart of the Internet revolution. This has hindered the development of e-comme...

Digital Technologies make it possible to decentrally settle institutional frameworks based on self-implementation of exclusive rights of use over information and on the self-regulation of on-line communities. Through a decentralized system of IPRs and collective rules setting of this kind agents would benefit from coordination frames well adapted t...

Private institutions are complementary, both to contracts and the public and general institutions of a society, in that they allow agents to collectively coordinate (and so benefit from economies of scale, from learning effects, and from management of externalities), while avoiding over high maladaptation costs (since they can be adapted to the spe...

Based upon a comparative institutional analysis of the institutional frameworks involved in the governance of Intellectual Property Rights (IPRs) systems in France and in the US, both in the domain of patents and copyrights, we demonstrate that the differences of performances among contrasted systems of property rights do not only depend upon the w...

This paper provides new evidence on the contractual governance of technology licensing agreements. Based upon an international sample of licensing contracts, we explore how the contractual design deals with specific contractual hazards. In particular, we comparatively assess the influences of transaction attributes, institutional frameworks and str...

Technology licensing provides innovators with the opportunity to substantially leverage their market expansion. But licensing also exposes valuable knowledge at appropriation and more generally to opportunism since it generates ex-post mutual interdependence. The long-term performance of the transfer for the licensor thus strongly depends upon its...

This paper seeks to provide a clearer understanding of discrepancies observed in the level, pace and style of e-business development across countries and industries. It is based on an original survey performed on 1100 firms in five developed countries. Through in-depth analyses of the adoption, use and impact of e-business technologies and methods...

The concept of access and benefit-sharing (ABS) in genetic resources as maintained by the Convention on Biological Diversity (CBD) aims at promoting the conservation of biodiversity and equity between the North and the South at the same time. Its implementation challenges various disciplines. First, from an economic point of view, designing efficie...

Digital technologies allow the implementation of more decentralized Property Rights (PR) systems as compared to those traditionally set-up by public authorities at the national level. The self-implementation of exclusive rights of use over information and the design of self-regulation by virtual communities enable agents to set-up and manage PR acc...

The emergence of e-commerce in Europe is a fascinating policy study with key actors in all EU countries firmly assured that digitalization of the economy is the key to the magic kingdom of strong economic growth and the facilitation of global commerce. Moreover, the digital economy would require asserted policy responses to ensure that European job...

Assembling consist in gathering goods and arranging them in packages to provide customers with modular goods that fit to their needs and preferences. The paper proposes, first, an analytical framework aimed at contrasting the possible business models available to produce these composite goods. It is based on four criteria: whether the assembling is...

France's early adoption of Minitel and EDI in the 1980s was both a stimulus and an inhibitor to Internet-based e-commerce. It hin- dered the adoption of the Internet, but it also created the conditions for a rapid catch up when France switched to the Internet in 1997. The French were already open to the use of IT, a dense network of online speciali...

Efficiency arguments explain why commercial intermediaries exist and will continue to be involved in the exchanges despite the spread of digital networks. Commercial intermediaries provide producers and consumers with a set of information, logistic, securization and insurance (and liquidity) services. By bundling these services and by dedicating as...

Twenty-five papers survey and illustrate approaches to and applications of contract economics. Earlier versions of most of the papers were published in special issue no. 92 of the Revue d'Economie Industrielle entitled "The Economics of Contracts in Prospect and Retrospect" (2000). Papers discuss the New Institutional Economics; contract and econom...

A contract is an agreement under which two parties make reciprocal commitments in terms of their behavior to coordinate. As this concept has become essential to economics in the last 30 years, three main theoretical frameworks have emerged: 'incentive theory', 'incomplete-contract theory' and 'transaction-costs theory'. These frameworks have enable...

More often than not, economic literature considers Technology Licensing Agreements (TLA) as a homogenous ensemble of contractual arrangements within the category of market agreements distinct from to hybrid forms (alliances and joint ventures) and vertical integration. It then focuses on the determinants of the “price” of technology by examining pa...

There are two remedies to the breach of a contract: the damages rule, that is prevailing in the Common Law system, and the specific performance rule, that is dominant in the Civil Law system. Economic justifications have often been given for the first rule, but the second. Using the incomplete contract theory framework, we analyze the conditions of...