Systemic Risk in International Settlements

Examines the extent to which different settlement systems affect the nature and potential vulnerability of the financial system to systemic risks, and considers whether externalities can be reduced if individual institutions fully internalise the costs of their actions.systemic risk, international payments, financial regulation

Perspectives on Institutional Change â Water Management in Europe

Agricultural Finance, Political Economy,

Learning and Governance in Inter-Firm Relations

This article connects theory of learning with theory of governance, in the context of inter-firm relations.It recognizes fundamental criticism of transaction cost economics (TCE), but preserves elements from that theory.Two kinds of relational risk are identified: hold-up and spillover risk.For the governance of relations, i.e. the control of relational risk, the article presents a set of instruments that includes trust, next to instruments adopted and adapted from TCE.It also includes roles for gobetweens.Some references to empirical evidence are included.Inter-firm alliances;learning;transaction costs;governance

Perspectives on institutional change - water management in Europe

CONTENTS: Mapping institutional change... 3, Insa Theesfeld, Frauke Pirscher; Affordability as an institutional obstacle to water-related price reforms... 9, Erik Gawel, Wolfgang Bretschneider; Analysing the shortcomings of the Ukrainian urban waste water sector - Institutional options for modernisation ... 35, Herwig Unnerstall, Nina Hagemann; Gemeinschaftsgüter und Gemeinwohl - Theoretischer Erkenntnisgehalt und praktische Relevanz für die Regionalentwicklung am Beispiel von Wasserinfrastrukturen und Kulturlandschaften ... 55, Andreas Röhring, Timothy Moss, Ludger Gailing, Rita Gudermann; Explaining top-down institutional design: The introduction of River Basin Management in Portugal... 85, Andreas Thiel, Catrin Egerton; Decentralization failures in post-socialist fishery management ... 107, Insa Theesfeld, Oscar Schmidt --

Human Error and Privacy Breaches in Healthcare Organizations: Causes and Management Strategies

We apply Reason’s GEMS typology to study privacy breach incidents in healthcare organizations. An interpretive analysis of transcripts of interviews with privacy officers of healthcare organizations in the U.S. Midwest helps discern the underlying causes of human error and develop a framework for error management. The study finds that organizational factors causing human error constitute a greater impediment to HIPAA Privacy Rule compliance than do human factors

Learning to Trust

Trust is full of puzzle and paradox.Trust is both rational and emotional. Trust can go beyond calculative self-interest, but has its limits.People may want to trust, while they may also feel threatened by it.If trust is not in place prior to a relationship, on the basis of institutions, prior experience, or reputation, it has to be built up, in specific relations.For that one needs to learn, in the sense of building empathy, and perhaps a certain degree of identification.In an attempt at a better understanding of the puzzles and processes of trust, this chapter applies the perspective of 'embodied cognition', and insights from mental 'framing' and decision heuristics from social psychology.learning;trust;institutions

Learning and Governance in Inter-Firm Relations

This paper connects theory of learning with theory of governance, in the context of inter-firm relations. It recognizes fundamental criticism of transaction cost economics (TCE), but preserves elements from that theory. The theory of governance used incorporates learning and trust. The paper identifies two kinds of relational risk: hold-up and spillover. For the governance of relations, i.e. the control of relational risk, it develops a box of instruments which includes trust, next to instruments derived and adapted from TCE. These instruments are geared to problems that are specific to learning in interaction between firms. They also include additional roles for go-betweens.transaction cost economics;trust;inter-organizational learning