Group formation and governance
AbstractThis paper studies the impact of the governance of a group, whether be it unanimity, simple majority or qualified majority, on its (endogenously derived) size, composition, and inclination to change the status quo. Somewhat surprisingly, we show that not only unanimity might favor the formation of larger groups than majority, but also a change of status quo.
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Bibliographic InfoPaper provided by Department of Economics, University of Leicester in its series Discussion Papers in Economics with number 08/15.
Date of creation: Apr 2008
Date of revision: Nov 2008
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- D7 - Microeconomics - - Analysis of Collective Decision-Making
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