Berglöf, Erik; Burkart, Mike; Friebel, Guido; … - Economic Policy Research Unit (EPRU), Økonomisk Institut - 2009
emergence of
inner organizations.
Key words: organizations, club good, voting rules, EU integration
JEL codes: D2, D7, P4
We … clubs-in-clubs may lead to more
integration, if the o�-equilibrium threat makes all members increase their e�ort, but
it can … also lead to less integration, if the threat is executed in equilibrium.
Theemergenceof aninnerclubisdeterminedbythetrade …