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Dynamic Voting in Clubs.

Abstract:

This paper examines the process and outcomes of democratic decision-making in clubs where a club is defined by their sets of members whose preferences and decisions relate to the set of members in the club: the electorate to endogenous. Examples range from international organizations like the European Union and NATO to firms, workers' cooperatives and trade unions. Although the policy space is infinite, a majority voting equilibrium exists under plausible conditions and the equilibrium rule a...

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Publication date:
1999-01-01
URN:
uuid:09bf0233-826e-48de-bb97-faa5f96f674c
Local pid:
oai:economics.ouls.ox.ac.uk:12043
Language:
English

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