出版社:Suntory Toyota International Centres for Economics and Related Disciplines
摘要:This paper examines the process and outcomes of democratic decision-making in clubs where a club is defined by its set of members whosepreferences and decisions relate to the set of members in the club: theelectorate to endogenous. Examples range from internationalorganizations like the European Union and NATO to firms, workers'cooperatives and trade unions. Although the policy space is infinite, amajority voting equilibrium exists under plausible conditions and theequilibrium rule and the dynamics of clubs are characterized. Two typesof club, one where a group funds some public good and the other wherea given benefit is shared by the group, are analysed in detail
关键词:Cooperatives; local public goods; majority voting; median;voter; organization size; partnerships; trade unions