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Group Formation and Governance

Renou, Ludovic (2011) 'Group Formation and Governance.' Journal of Public Economic Theory, 13 (4). pp. 595-630. ISSN 1097-3923

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Abstract

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.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 06 Jan 2013 22:36
Last Modified: 06 Jan 2013 22:36
URI: http://repository.essex.ac.uk/id/eprint/5029

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