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The Power of a Spatially Inferior Player

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  • Mika Widgrén

    (Turku School of Economics and Business Administration, CEPR and CESifo, Turku, Finnland)

  • Stefan Napel

    (Institut für Wirtschaftstheorie und Operations Research (WIOR), Universität Karlsruhe (TH), Karlsruhe, Germany)

Abstract

Traditional power indices are not suited to take account of explicit preferences, strategic interaction, and particular decision procedures. This paper studies a new way to measure decision power, based on fully specified spatial preferences and strategic interaction in an explicit voting game with agenda setting. We extend the notion of inferior players to this context, and introduce a power index which - like the traditional ones - defines powers as the ability to have pivotal influence on outcomes, not as the (often just lucky) occurrence of outcomes close to a player's ideal policy. Though, at the present state, formal analysis is based on restrictive assumptions, our general approach opens an avenue for a new type of power measurement

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Bibliographic Info

Article provided by Institute of SocioEconomics in its journal Homo Oeconomicus.

Volume (Year): 19 (2002)
Issue (Month): ()
Pages: 327-343

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Handle: RePEc:hom:homoec:v:19:y:2002:p:327-343

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  1. Napel, Stefan & WidgrÉn, Mika, 2000. "Inferior Players in Simple Games," Discussion Papers 734, The Research Institute of the Finnish Economy.
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Cited by:
  1. Napel,S. & Widgren,M., 2002. "Power measurement as sensitivity analysis : a unified approach," Working Papers 345, Bielefeld University, Center for Mathematical Economics.
  2. Agnieszka Rusinowska, 2010. "The Hoede-Bakker index modified to the Shapley-Shubik and Holler-Packel indices," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00406430, HAL.

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