Effectivity Functions and Stable Governance Structures

Stefano Vannucci ()

Annals of Operations Research, 2002, vol. 109, issue 1, 99-127

Abstract: Stability properties of several governance structures are studied by means of their effectivity functions. It is shown that (strong) stability of a governance structure is mainly determined by the collegial nature of the underlying assembly's decision rule. Copyright Kluwer Academic Publishers 2002

Date: 2002
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DOI: 10.1023/A:1016343900896

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