òòò½Íø Review
ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)
Dynamics and Stability of Constitutions, Coalitions, and Clubs
òòò½Íø Review
vol. 102,
no. 4, June 2012
(pp. 1446–76)
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)Citation
Acemoglu, Daron, Georgy Egorov, and Konstantin Sonin. 2012. "Dynamics and Stability of Constitutions, Coalitions, and Clubs." òòò½Íø Review 102 (4): 1446–76. DOI: 10.1257/aer.102.4.1446Additional Materials
JEL Classification
- D71 Social Choice; Clubs; Committees; Associations
- D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- K10 Basic Areas of Law: General (Constitutional Law)