Some international organizations are governed by unanimity rule, some others by a majority system. Still others have moved from one system to the other over time. The existing voting models, which generally assume that decisions made by voting are perfectly enforceable, have a difficult time explaining the observed variation in governance mode, and in particular the widespread occurrence of the unanimity system. We present a model whose main departure from standard voting models is that there is no external enforcement mechanism: each country is sovereign and cannot be forced to follow the collective decision, or in other words, the voting system must be self-enforcing. The model yields unanimity as the optimal system for a wide range of parameters, and delivers rich predictions on the variation in the mode of governance, both across organizations and over time.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
10102.
Length: Date of creation: Nov 2003 Date of revision: Handle: RePEc:nbr:nberwo:10102
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Find related papers by JEL classification: D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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[Downloadable!] (restricted)
Other versions:
Eaton, J. & Fernandez, R., 1995.
"Sovereign Debt,"
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Jonathan Eaton & Raquel Fernandez, 1995.
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NBER Working Papers
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Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Eguia, Jon X., 2004.
"United We Vote,"
Working Papers
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Daniel Seidmann, 2006.
"Optimal Quotas in Private Committees,"
Discussion Papers
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[Downloadable!]