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  • 标题:Majority Rule and Coalitional Stability
  • 本地全文:下载
  • 作者:Sergio Currarini ; Marco A. Marini
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2013
  • 卷号:33
  • 期号:3
  • 页码:1660-1668
  • 出版社:Economics Bulletin
  • 摘要:In this note we study the centralization vs. decentralization issue for the management of a given collective activity. The aim is to characterize a class of decision rules that guarantees the stability of global cooperation (i.e centralization) against the incentive of coalitions of citizens to opt-out, towards forms of decentralized organizations. We show that a simple majority rule required to break global cooperation guarantees the existence of core-stable allocations, independently of the expected behaviour of individuals in the minority. We also show that if majorities can extract resources from minorities, stability may require a supermajority rule, whose threshold is increasing in its extraction power.
  • 关键词:Majority Rule; Supermajority; Externalities; Core.
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