Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee members represent groups of different sizes?...

Staat und Ökonomie sind in einem grundlegenden Wandlungsprozess begriffen, der sich auf den Gegenstand und die Methode von privaten und öffentlichen Entscheidungsfindungsprozessen auswirkt. Unter dem facettenreichen Begriff 'Governance' werden die verschiedenen Aspekte dieses...

Starting from the observation that some of the East European post-socialist governments produced coherent reform policies which successfully transformed their countries’ economies into capitalist ones, while others lingered behind muddling through half hearted reforms, this paper takes a...