International Organizations and the Theory of Clubs

  1. Faíña, José Andrés
  2. García Lorenzo, Antonio
  3. López-Rodríguez, Jesús
Journal:
Revista de métodos cuantitativos para la economía y la empresa

ISSN: 1886-516X

Year of publication: 2010

Volume: 9

Pages: 17-27

Type: Article

More publications in: Revista de métodos cuantitativos para la economía y la empresa

Abstract

This paper focuses on international organizations, especially those regulating trade and exchange. It draws on the Theory of Clubs (Buchanan, 1965) and builds a model that aims to explain governments' optimal choices when joining international organizations. The results of the model show that governmental willingness to enlarge international organizations and to increase their degree of commitment are decreasing functions of both, the size of the organization, and the country's degree of commitment and of national heterogeneity.

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