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Group formation and governance

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posted on 04.02.2010, 11:18 by Ludovic Renou
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.

History

Publisher

Dept. of Economics, University of Leicester

Available date

04/02/2010

Publisher version

http://www.le.ac.uk/economics/research/RePEc/lec/leecon/dp07-7.pdf

Book series

Papers in Economics;07/7

Language

en