The Demand for International Regimes- Robert O. Keohane (1982)

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The paper addresses the question as to why self-interested actors establish international regimes through mutual agreement

International regimes are like contracts that facilitate the making of agreements among actors (states) with long-term objectives by providing rules, norms principles, and procedures that help actors overcome barriers to agreements and realize their interests collectively.

Since actors operate in a self-help system, the rules of international regimes lack binding authority. The facilitation of agreements between actors is to prevent a “war of all against all”.

Public goods give rise to the demand for international regimes which can improve problems of transactions costs and information imperfections that obstruct effective decentralized responses to problems of providing public goods.

Increased issue concentration will lead to increased demand for international regimes

The demand for international regimes will be a function of the effectiveness of the regimes in developing standard generalized commitments and providing high-quality information to policymakers

We can better understand trans-governmental relations and the lags observed between structural change and regime change

Past patterns of institutionalized cooperation may be able to compensate for increasing fragmentation of power; hegemony is not necessarily a precondition for stable international regimes under all circumstances

Determining the difference between control-oriented international regimes and insurance regimes may help us understand emerging adaptations of advanced industrialized countries to a global situation where their capacity for control over events is much less than it was during the postwar quarter century.

International regimes do not necessarily increase levels of welfare; there will always be the possibility of conflict

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