Dynamics and Stability of Constitutions, Coalitions, and Clubs

S-Tier
Journal: American Economic Review
Year: 2012
Volume: 102
Issue: 4
Pages: 1446-76

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In dynamic collective decision making, current decisions determine the future distribution of political power and influence future decisions. We develop a general framework to study this class of problems. Under acyclicity, we characterize dynamically stable states as functions of the initial state and obtain two general insights. First, a social arrangement is made stable by the instability of alternative arrangements that are preferred by sufficiently powerful groups. Second, efficiency-enhancing changes may be resisted because of further changes they will engender. We use this framework to analyze dynamics of political rights in a society with different types of extremist views. (JEL D71, D72, K10)

Technical Details

RePEc Handle
repec:aea:aecrev:v:102:y:2012:i:4:p:1446-76
Journal Field
General
Author Count
3
Added to Database
2026-01-24