Measuring The Power Of Parties Within Government Coalitions
AbstractThe paper presents a coalition-structure value that is meant to capture outside options of players in a cooperative game. It deviates from the Aumann-Drèze value by violating the null-player axiom. We use this value as a power index and apply it to weighted majority games.
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Bibliographic InfoArticle provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Game Theory Review.
Volume (Year): 09 (2007)
Issue (Month): 02 ()
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- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
- C0 - Mathematical and Quantitative Methods - - General
- C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D5 - Microeconomics - - General Equilibrium and Disequilibrium
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- M2 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics
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- André Casajus, 2010. "Another characterization of the Owen value without the additivity axiom," Theory and Decision, Springer, vol. 69(4), pages 523-536, October.
- Casajus, André & Tutić, Andreas, 2013. "Nash bargaining, Shapley threats, and outside options," Mathematical Social Sciences, Elsevier, vol. 66(3), pages 262-267.
- Tobias Hiller, 2011. "A note on χ-values," International Review of Economics, Springer, vol. 58(4), pages 433-438, December.
- Casajus, André, 2008. "On the stability of coalition structures," Economics Letters, Elsevier, vol. 100(2), pages 271-274, August.
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