Objective
The proposed network will bring together, over a four-year period, leading young European researchers in the field of political economy. The network European researchers in political economy. They will use game theory and contract theory to improve our understanding of political institutions and includes many of the leading European researchers in the field, as well as institutes with strong teaching and seminar programmes, in which the young their implications for economic policy. The network's research agenda will researchers will play an active role. In addition, the involvement of take as its starting point the view of political constitutions as incomplete contracts. Recent research in contract theory by Grossman and CEPR will ensure that the young researchers are also integrated into the Centre's extensive European research networks and so receive invaluable Hart has emphasised how incomplete contracts define an allocation of control rights - the rights of various parties to make decisions in given exposure at an early stage in their careers. The network will employ a circumstances, without defining what those decisions should be. Political variety of procedures to ensure that a wide range of high-quality candidates are recruited to fill the visiting positions funded by the constitutions are typical examples of such incomplete contracts, in which decisions are taken by collective bodies rather than by individuals. network. The network will also lake steps to ensure that the recruitment procedure is as open and transparent as possible. Once the young post Analysing policy choice using the incomplete contract approach will doctoral researchers have been recruited, the network will ensure that the highlight a variety of issues including: which collective body has the researchers receive appropriate guidance in terms of training and career right to make decisions about specific policy instruments; the mechanism development
whereby these collective choices are made, and how political bodies are held accountable for their decisions.
Political and economic theory stresses the important role political coalitions play in influencing specific public policy decisions. These coalitions of individuals or groups can form along many dimensions: region of residence, occupation, sector of work, level of income, etc. The network's research agenda will therefore also examine whether different political institutions create different incentives to form coalitions along particular dimensions. This implies another, indirect, channel whereby political institutions shape actual policy-making.
The network will be coordinated by the European Centre for Advanced Research (ECARE) in Brussels, and will involve six partner institutions. The scientists-in-charge in each institution will comprise the network management committee, which will help ensure effective coordination of the network's activities. The committee will also include representatives from business, and their presence will help foster the involvement of the private sector and the policy community in the activities of the network.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences political sciences political policies public policies
- natural sciences mathematics applied mathematics game theory
- social sciences economics and business economics political economy
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
1050 BRUXELLES
Belgium
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.