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https://hdl.handle.net/2440/109417
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Type: | Journal article |
Title: | Group formation and governance |
Author: | Renou, L. |
Citation: | Journal of Public Economic Theory, 2011; 13(4):595-630 |
Publisher: | Wiley |
Issue Date: | 2011 |
ISSN: | 1097-3923 1467-9779 |
Statement of Responsibility: | Ludovic Renou |
Abstract: | This 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. |
Rights: | ©2011 Wiley Periodicals, Inc. |
DOI: | 10.1111/j.1467-9779.2011.01513.x |
Published version: | http://dx.doi.org/10.1111/j.1467-9779.2011.01513.x |
Appears in Collections: | Aurora harvest 8 Economics publications |
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