Library / Economic Reasoning and Coordination Principles Framework
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ECO.6:4.3 - Choose the smallest sufficient arrangement

Compare like intended service and disturbance conditions, including investment exposure, operating performance, delay, enforcement and exit. Use conditional comparisons when a future disturbance cannot be assigned a defensible probability.

Choose or retain an arrangement whose participants can actually supply its contributions. Explain what it protects, which adaptation remains possible and when the choice must be reopened. A relevant unresolved legal or technical condition can limit the conclusion; investigating every conceivable future dispute is unnecessary.