Abstract
This article proposes pragmatic methods that incorporate recent contributions to public good theory to identify the members of the international club and how they select new members. This article also suggests simple applications to the recent problems in international clubs such as the euro and NATO.
| Original language | English |
|---|---|
| Pages (from-to) | 1582-1585 |
| Number of pages | 4 |
| Journal | Applied Economics |
| Volume | 46 |
| Issue number | 14 |
| DOIs | |
| Publication status | Published - 2014 |
Keywords
- aggregate replacement function
- club members
- forming a club
- mathematical algorithm
ASJC Scopus subject areas
- Economics and Econometrics