RANA BARUA (Statistics-Mathematics Unit, Indian Statistical Institute, Kolkata, India) SATYA R. CHAKRAVARTY () (Economic Research Unit, Indian Statistical Institute, 203 B.T. Road, Kolkata-700108, India) SONALI ROY (Economic Research Unit, Indian Statistical Institute, Kolkata, India)
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This paper develops a new axiomatic characterization of the Banzhaf index of power using four axioms from four different contributions to the area. A nice feature of the characterization is independence of the axioms showing importance of each of them in the exercise.
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