By Tina Flegel
The writer lines numerous strength coverage judgements taken among 2006 and 2013 in Azerbaijan to determine how foreign actors attempted to steer policy-making. The ebook allows figuring out of the political mechanisms, threats and possibilities that represent actions in Azerbaijan’s power zone illustrating strategic pitfalls and probabilities. in keeping with a close kingdom research and the extensive comparability of 4 coverage instances, the ebook deduces the political elite’s cause, and its useful effects for transnational kin. it's appropriate for students learning the political economic climate of rentier states and regimes within the authoritarian realm, in addition to for younger strategists in enterprises that behavior enterprise in nations ruled by way of tight casual networks.
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Extra resources for Foreign Actors’ Influence on Azerbaijan’s Energy Policy: Decisions under Complex Uncertainty
25 Transaction cost also refers to the specificity of assets and knowledge thus the cost of using something or someone for a new or unintended purpose. 38 2 Motivation and ability to act and influence Organizational dynamics of collective actors add another layer to complexity and further limit the rationality of collective actors. Once a group is institutionalized – organized by rules that are stable enough to be identified – it is likely that the goals of individual members do not fully converge with the goals of the organization as a whole.
536, 540). Internalized norms and values shape interests. The desirability of an aspiration – or the intensity26 of an interest – determines how 26 “The viewpoint will be taken here that interpersonal comparison of utilities has no meaning and, in fact, that there is no meaning relevant to welfare comparisons in the measurability of individual utility. The controversy is well-known and hardly need be recited here. ) an actor is willing to spend to achieve them. Obviously, resources are limited and might not be sufficient, even if they are completely expended and put into efficient use.
Project or measure. The investment is assigned a net present value29, which is to a large extent determined by a discount factor that is based on assumptions30. The less trust investors have in their investment environment, the higher the discount factor will be and the less likely it is that there will be any investment, given the need to use limited resources best over a wide range of possible investments. g. political activism. Opportunism can create immediate benefits, whereas compliance to institutions or values may support long-term gains.
Foreign Actors’ Influence on Azerbaijan’s Energy Policy: Decisions under Complex Uncertainty by Tina Flegel