Standard-setting activities and new institutional economics
从新制度经济学视角，研究标准制定活动中的协调与治理问题，通过农业领域全球私人标准的实证数据，分析了标准选择的重要性及当前国际层面多边治理机制的局限。
Abstract From a New Institutional Economics (NIE) perspective, standards are acknowledged to play a central role in building efficient market infrastructure by defining what is exchanged and reducing the level of transaction and measurement costs. Nevertheless, only a few prior NIE studies have considered standard-setting activities as coordination and governance issues per se . This article aims to fill this gap by adapting and extending the classical Williamsonian analytical framework to the governance of standard-setting institutions. This analysis is substantiated by empirical data on global private standards in the agricultural sector. Our results highlight the importance of standard selection and the limits to current harmonisation as regards institutional failure to define alternative multilateral governance mechanisms at the international level.