Exit from Joint-decision Problems?

Over the last decade, the European Union (EU) has faced a multitude of crises. Importantly, the various crises have led to different outcomes: Whereas the Eurozone crisis, for example, led to more European integration, the Schengen crisis arguably resulted in a partial European disintegration. Applying models of joint-decision problems in the EU, this paper analyses why and how these two crises led to divergent outcomes. It finds that higher...