Group formation and governance
This paper studies the impact of the governance of a group, whether be it unanimity, simple majority or qualified majority, on its 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. This paper therefore suggests that unanimity, often blamed for the European inertia of the last two decades, was only a scapegoat.
|Date of creation:||Jun 2007|
|Contact details of provider:|| Postal: Department of Economics University of Leicester, University Road. Leicester. LE1 7RH. UK|
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Web page: http://www2.le.ac.uk/departments/economics
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- Salvador Barberà & Matthew O. Jackson, 2000.
"Choosing How to Choose: Self-Stable Majority Rules and Constitutions,"
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- Keith Hartley & Todd Sandler, 2001. "Economics of Alliances: The Lessons for Collective Action," Journal of Economic Literature, American Economic Association, vol. 39(3), pages 869-896, September.
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"Self-Enforcing Voting in International Organizations,"
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- Volker Nocke, 1999. "Cartel Stability under Capacity Constraints: The Traditional View Restored," STICERD - Economics of Industry Papers 23, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Konishi, Hideo & Ray, Debraj, 2003.
"Coalition formation as a dynamic process,"
Journal of Economic Theory,
Elsevier, vol. 110(1), pages 1-41, May.
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