The Oxford Handbook of Institutions of International Economic Governance and Market Regulation

Eric Brousseau is Professor of Economics and Management at the University Paris-Dauphine, PSL where he holds the Governance and Regulation Chair. He is the director of the PSL Institute for Applied Computational Social Science. Previously, he held positions at Sorbonne-Paris-Nord, Nancy and Paris-Nanterre Universities, and at the EUI. He is the founder of the Institutional & Organizational Economics Academy, and past-President of the Society for Institutional & Organizational Economics. Jean-Michel Glachant is Professor at the Florence School of Regulation, EUI and President of the International Association for Energy Economics (IAEE). He was Professor at the University Paris-Saclay before joining EUI. He has been an advisor at the European Commission and of the French Energy Regulatory Commission (CRE). He has also been the founding editor-in-chief of Economics of Energy and Environmental Policy and is a member of the Board of Editors of Energy Journal. Jérôme Sgard isProfessor of Political Economy, Sciences Po Paris. Previously he was senior research fellow at the Center for Prospective Studies and International Information (CEPII) and Associate Professor of Economics at Paris Dauphine University.

• Introduction: A Bird's-Eye View of the Institutions of International Economic GovernanceEric Brousseau & Jean-Michel Glachant PART I. The (Micro) Foundations of International MarketsPlace Based Exchange Platforms 1. International Trade Finance from the Origins to the Present: Market Structures, Regulation and Governance Olivier Accominotti & Stefano Ugolini2. The Simplest Model of Global Governance Ever Seen?: The London Corn Market (1885-1914)Jerome Sgard 3. The Medieval Expansion of Long-distance Trade: Adam Smith on the Towns' Escape from the Violent, Feudal Equilibrium Barry R. Weingast Organisations shaping markets4. Markets for Knowledge: Intellectual Property, Organizational Arrangements, and International Governance Brian S. Silverman 5 Transnational Business Governance through Private Standards John Humphrey 6 The Governance of Global Agri-Food Value Chains, Standards, and Development Johan Swinnen and Rob Kuijpers Private and Public Ordering Interplaying7. International Arbitration as a Tool of Global Governance: The Uses (and Abuse) of Discretion Sophie Nappert 8. Contractual Arbitrage Mitu Gulati, Stephen J. Choi & Robert E. Scott9. Regulate in Haste, Repent at Leisure: Private and Public Orderings in OTC Derivatives Markets Craig Pirrong Epistemic Networks10. Government by Relational Infrastructures: The Case of the Transnational Institutionalization of the European Unified Patent Court Emmanuel Lazega11. Policy Hubs and the Formation of Economic Regulatory Norms.William E. Kowacic PART II The Challenges of ComplianceMarket-based Enforcement12. Beyond Conditionality: How Contracts, Credit Ratings, and Credit Default Swaps Influence State SovereigntyBruce G. Carruthers, Erin Lockwood13. The Credit Rating Agencies and Their Role in the Financial System Lawrence J. White Private Enforcement by (Digital) Intermediaries14. Algorithmic Governance by Online IntermediariesNiva Elkin-Koren & Maayan Perel 15. Digital Platforms and Antitrust Geoffrey Parker, Georgios Petropoulos, and Marshall Van Alstyne Judicial Enforcement 16. Corporate Liabilities. A Genealogy of Business Accountability under International Criminal LawKim Christian Priemel 17 The Political and Professional Economies of U.S. Global Criminal EnforcementSamuel W. Buell Economic Interdependences vs. National Sovereignty18 Governing Proliferation Finance: Multilateralism, Transgovernmentalism, and Hegemony in the Case of Sanctions Against Iran Grégoire Mallard19 Courts, Sovereign Immunity, and Credible Commitment in Sovereign Debt Markets W. Mark C. Weidemaier PART III. Are Sovereigns Responding to Transnational Market Failures?Leveling the Playing Field20. Adapting regulation to globalisation: a typology of approaches to the internationalisation of regulationCeline Kauffmann 21. International Regulatory Cooperation and Trade Agreements Bernard Hoekman 22. Market Access, Harmonization, and Governance in Network Industries: The European Union and the World Trade Organization ComparedLucila de Almeida Economic Integration and Public Policies 23. Up, down, and sideways: the endless quest for EU's optimal multi-level governance Andrea Renda 24. Building a single market with no single regulator: the case of the European electricity market Jean-Michel Glachant 25. China's Integration into the Global Economic System: Institutional Idiosyncrasies and Emerging Patterns Yuan Li & Markus Taube Systemic Risks26. Global Banking Regulation: the limitations of voluntarism Howard Davies & Maria Zhivitskaya 27. Liquidity Swaps between Central Banks, the IMF, and the Evolution of the International Financial ArchitecturePauline Bourgeon & Jérôme Sgard Bypassing Public Ordering28. Regulating corruption in international markets: why governments introduce laws they fail to enforce?Tina Søreide 29. The Corporation in a Globalised World: Relational, Structural, and Arbitrage as technique of Power in a Globalised World Ronan Palan PART IV. Alternative to Hierarchical Orders?Hybrid Orders30. Changing Capital Market Structure and Regulatory Challenges: Trends in Equity and Foreign Exchange Markets Walter Mattli31. States, Non-State Actors, and Economics in Global Health Governance Jeremy Youde32. Legitimacy as a Driver of the Competition between Institutions of Internet GovernanceEric Brousseau Managing the Commons33. Governance Beyond Governments: The Effort to Slow Climate ChangePaul C. Stern & Michael P. Vandenbergh34. The Governance of International Spaces and Earth Systems: Solving Collective-Action Problems in the Absence of Public Authority Oran R. Young35. Three Waves of Cooperation: A Millennium of Institutions for Collective Action in Historical Perspective (Case Study: The Netherlands Tine De Moor Legal Pluralism36. Party autonomy in a global context: the political economy of a self-constituting regimeHoratia Muir-Watt 37. The Legal Pluralism at the Heart of International Economic Governance Paul Shiff Berman 38. Ways out of the globalization trilemma: Deliberating trade policy Carsten Herrmann-Pillath Postscript39. Institutions of International Economic Governance: dynamics and Challenges Eric Brousseau & Jean-Michel Glachant