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Displacing your Principal. Two Historical Case Studies of Some Interest for the Constitutional Future of Europe
Authors:Jean-Michel Josselin  Alain Marciano
Institution:(1) Faculté des sciences économiques, Université de Rennes (France) and Centre national de la recherche scientifique (CREREG), 7 place Hoche, 35065 Rennes cédex, France;(2) Faculté de droit et d'économie, Université de Corse-Pascal Paoli (France) and Centre national de la recherche scientifique (GREQAM), B.P. 52, 20250 Corte, France
Abstract:The framework of public decisions, and particularly the provision of law, is seen here as an agency contract. What distinguishes this contract is the nature of the right delegated to the agent: The capacity to make law gives the opportunity to take advantage of the incompleteness of the constitutional contract. The agency relationship may be loosened or even reversed. This article tries to draw some lessons from the English and American history in that matter and applies them to the making of the future European State.
Keywords:European integration  agency theory  strategic behaviours
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