Anesi, Vincent - In: Journal of Public Economics 96 (2012) 1, pp. 53-61
than the minority leader, signaling incentives make secession the unique equilibrium outcome, whether mutually advantageous … is uncertain about the costs of secession for her community. This paper shows that this uncertainty is a central cause of … secession, using a model which incorporates both policies to appease secessionist aspirations and informational asymmetries. In …