Economics 457W Notes 2. More About Organizations’ Decisions
نویسنده
چکیده
This section concerns organizations in which decisions are made by a single round or by successive rounds of majority voting. In a case that is of particular interest with respect to organizations as well as to political competition, one member is a “leader,” who has the exclusive right to propose alternatives to the status quo. It turns out that, in the long run, this right can make the leader extremely powerful. This power that agenda manipulation confers on the leader was first recognized by Robert Michel, who described it in Political Parties; a Sociological Study of the Oligarchical Tendencies of Modern Democracy (1911).
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