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The Power of a Spatially Inferior Player

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Author Info
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)

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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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Publisher 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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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Pekka Ilmakunnas & Mika Maliranta, 2001. "The Turnover of Jobs and Workers in a Deep Recession: Evidence from the Finnish Business Sector," Discussion Papers 747, The Research Institute of the Finnish Economy. [Downloadable!]
  2. Ari Hyytinen, 2001. "Information Production, Banking Competition and the Market Structure of the Banking Industry," Discussion Papers 749, The Research Institute of the Finnish Economy. [Downloadable!]
  3. Ari Hyytinen & Otto Toivanen, 2002. "Asymmetric Information and the Market Structure of the Venture Capital Industry (Revised)," Discussion Papers 768, The Research Institute of the Finnish Economy. [Downloadable!]
  4. Mika Maliranta, 2001. "Productivity Growth and Micro-level Restructuring. Finnish experiences during the turbulent decades," Discussion Papers 757, The Research Institute of the Finnish Economy. [Downloadable!]
  5. Pertti Haaparanta & Hannu Piekkola, 2001. "Taxation and Entrepreneurship," Discussion Papers 766, The Research Institute of the Finnish Economy. [Downloadable!]
  6. Pasi Huovinen & Hannu Piekkola, 2001. "Unemployment and Early Retirements of the Aged Workers in Finland," Discussion Papers 750, The Research Institute of the Finnish Economy. [Downloadable!]
  7. Erkki Koskela & Ronnie Schöb, 2001. "Optimal Factor Income Taxation in the Presence of Unemployment," Discussion Papers 758, The Research Institute of the Finnish Economy. [Downloadable!]
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  8. Erkki Koskela & Markku Ollikainen & Mikk0 Puhakka, 2001. "Renewable Resources in an Overlapping Generations Economy without Capital," Discussion Papers 751, The Research Institute of the Finnish Economy. [Downloadable!]
  9. Jaakko Kiander & Matti Virén, 2000. "Measuring Labour Market Flexibility in the OECD Countries," Discussion Papers 745, The Research Institute of the Finnish Economy. [Downloadable!]
  10. Olavi Rantala, 2001. "Toimialojen ja avainklustereiden tuotannon ja työllisyyden pitkän ajan kehitys," Discussion Papers 754, The Research Institute of the Finnish Economy. [Downloadable!]
  11. Hyytinen, Ari, 2003. "Loan market equilibrium with difference of opinion and imperfect competition," Economics Letters, Elsevier, vol. 78(1), pages 125-129, January. [Downloadable!] (restricted)
  12. Kari Alho & Colin Hazley & Hannu Hernesniemi & Mika Widgrén, 2001. "EU:n itälaajenemisen vaikutukset Suomen tuotantorakenteeseen," Discussion Papers 752, The Research Institute of the Finnish Economy. [Downloadable!]
  13. Petri Böckerman, 2001. "Tietokone- ja informaatioteknologian vaikutukset työmarkkinoihin," Discussion Papers 760, The Research Institute of the Finnish Economy. [Downloadable!]
  14. Olavi Rantala, 2001. "EU:n itälaajenemisen vaikutus Suomen väestökehitykseen," Discussion Papers 764, The Research Institute of the Finnish Economy. [Downloadable!]
  15. Pekka Mannonen, 2001. "Advancing information technology and financial intermediation," Discussion Papers 770, The Research Institute of the Finnish Economy. [Downloadable!]
  16. Mika Widgrén & Stefan Napel, 2001. "Inferior players in simple games," International Journal of Game Theory, Springer, vol. 30(2), pages 209-220. [Downloadable!] (restricted)
  17. Colin Hazley, 2001. "EU Enlargement and Finnish Industry : A Special Emphasis on the Packaging Industry," Discussion Papers 761, The Research Institute of the Finnish Economy. [Downloadable!]
  18. Hannu Hernesniemi & Pekka Lindroos, 2000. "Socio-economic Impact of European Single Market on Lithuanian Companies," Discussion Papers 746, The Research Institute of the Finnish Economy. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Erkki Koskela & Markku Ollikainen & Mikko Puhakka, 2002. "Saddles, Indeterminacy and Bifurcations in an Overlapping Generations Economy with a Renewable Resource," Discussion Papers 789, The Research Institute of the Finnish Economy. [Downloadable!]
  2. Jyrki Ali-Yrkkö & Pekka Ylä-Anttila, 2001. "Globalisation of Business in a Small Country - Does Ownership Matter?," Discussion Papers 779, The Research Institute of the Finnish Economy. [Downloadable!]
  3. Laura Ehrlich, 2002. "The EU Single Market and Customs Policy: Impact on Estonian Foreign Trade," Discussion Papers 797, The Research Institute of the Finnish Economy. [Downloadable!]
  4. Minna Jukomaa & Jussi Koivisto & Marja Tahvanainen, 2002. "Recruitment of Foreign IT Professionals in Finland," Discussion Papers 790, The Research Institute of the Finnish Economy. [Downloadable!]
  5. Stefan Lee, 2001. "Financial Analysts Perception on Intangibles - An Interview Survey in Finland," Discussion Papers 778, The Research Institute of the Finnish Economy. [Downloadable!]
  6. Agnieszka Rusinowska, 2009. "The Hoede-Bakker index modified to the Shapley-Shubik and Holler-Packel indices," Post-Print halshs-00406430_v1, HAL. [Downloadable!]
  7. Napel,S. & Widgren,M., 2002. "Power measurement as sensitivity analysis : a unified approach," Working Papers 345, Bielefeld University, Institute of Mathematical Economics. [Downloadable!]
  8. Elina Rissanen, 2002. "Foreign Aid Policies - Comparing Finland and ireland," Discussion Papers 803, The Research Institute of the Finnish Economy. [Downloadable!]
  9. Mika Maliranta, 2002. "Factor Income Shares and Micro-Level Restructuring. An Analysis of Finnish Manufacturing," Discussion Papers 796, The Research Institute of the Finnish Economy. [Downloadable!]
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This page was last updated on 2009-12-9.


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