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Korean Democracy in TransitionA Rational Blueprint for Developing Societies$
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HeeMin Kim

Print publication date: 2011

Print ISBN-13: 9780813129945

Published to Kentucky Scholarship Online: September 2011

DOI: 10.5810/kentucky/9780813129945.001.0001

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Building a New Party System

Building a New Party System

The 1990 Party Merger

(p.25) 3 Building a New Party System
Korean Democracy in Transition

HeeMin Kim

University Press of Kentucky

This chapter discusses several assumptions in relation to the merging of three parties in Korea on January 1990. The chapter explains this party merger using the coalition theory. The chapter assumes that politicians are rational agents who are trying to maximize their self-interest. The second assumption is that in the Korean context of coalition bargaining in 1990, the preferences of the party members coincided with the preferences of their leaders.

Keywords:   assumptions, Korea, 1990, party merger, coalition theory, rational agents, self-interest, coalition bargaining, preferences

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