NDLI: The right of withdrawal in the treaty of Lisbon: a game theoretic reflection on different decision processes in the EU

Content Provider	Springer Nature Link
Author	Lechner, Susanne Ohr, Renate
Copyright Year	2010
Abstract	The ways of decision-making within the EU have significantly changed in the last decades: The rule of unanimity has been more and more substituted by majority voting in order to speed up decision-making processes in a Union of 27 heterogeneous member states. A third possibility is now offered by the Lisbon Treaty including a constitutional right of withdrawal. A member state encountering a loss in its benefits caused by a decision made by majority voting may now demand compensating transfers by using the right of withdrawal. It might threaten to leave the EU if the compensation is denied. Hence, does this mean that member states now have regained a negotiation power comparable to the right to veto? Using a game theoretic approach we investigate the amount of compensating transfers to be offered under majority decisions with exit option compared to decisions requiring unanimity.
Starting Page	357
Ending Page	375
Page Count	19
File Format	PDF
ISSN	09291261
Journal	European Journal of Law and Economics
Volume Number	32
Issue Number	3
e-ISSN	15729990
Language	English
Publisher	Springer US
Publisher Date	2010-01-12
Publisher Place	Boston
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	European integration EU decision-making Right of withdrawal Exit option Game theory Public Finance & Economics Commercial Law Law and Economics European Integration
Content Type	Text
Resource Type	Article
Subject	Business and International Management Law Economics and Econometrics

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
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3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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