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Dynamic Voting in Clubs Author info | Abstract | Publisher info | Download info | Related research | Statistics Kevin Roberts
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This paper examines the process and outcomes of democratic decision-making in clubs where a club is defined by their sets of members whose preferences and decisions relate to the set of members in the club: the electorate to endogenous. Examples range from international organizations like the European Union and NATO to firms, workers' cooperatives and trade unions. Although the policy space is infinite, a majority voting equilibrium exists under plausible conditions and the equilibrium rule and the dynamics of clubs are characterised. Two types of club, one where a group funds some public good and the other where a given benefit is shared by the group, are analysed in detail.
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Paper provided by Suntory and Toyota International Centres for Economics and Related Disciplines, LSE in its series STICERD - Theoretical Economics Paper Series with number
367.
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Date of creation: Jan 1999Date of revision:
Handle: RePEc:cep:stitep:367Contact details of provider: Web page: http://sticerd.lse.ac.uk/_new/publications/default.asp
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Keywords: cooperatives ; local public goods ; majority voting ; median voter ; organization size ; partnerships ; trade unions. ; Other versions of this item:
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"Information and Dynamic Adjustment in Life Insurance Markets ,"
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"Inequality and Group Participation: Theory and Evidence from Rural Tanzania ,"
Working Papers
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"Inequality And Group Participation: Theory And Evidence From Rural Tanzania ,"
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