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Focused Power: Experimental Manifestation of the Shapley-Shubik Power Index

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Author Info
Chris Geller () (Deakin University)
Jamie Mustard () (Deakin University)
Ranya Shahwan

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Abstract

Experiments evaluate the fit of the Shapley-Shubik Power Index to a controlled human environment. Subjects with differing votes divide a fixed purse by majority rule in online chat rooms under supervision. Earnings serve as a measure of power. Chat rooms and processes for selecting subjects reduce or eliminate extraneous political forces, leaving logrolling as the primary political force. Initial proposals by subjects for division of the purse allow measurement of effects from focal points and transaction costs. Net results closely fit the Shapley-Shubik Power Index.

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File URL: http://www.deakin.edu.au/buslaw/aef/workingpapers/papers/2007-13eco.pdf
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Publisher Info
Paper provided by Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance in its series Economics Series with number 2007_13.

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Length: 40 pages
Date of creation: 23 Nov 2007
Date of revision:
Handle: RePEc:dkn:econwp:eco_2007_13

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Related research
Keywords: Voting; Power Index; Focal Point; Shapley-Shubik; Experiment;

Find related papers by JEL classification:
C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior

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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. Donal G. Saari & Katri K. Sieberg, 1999. "Some Surprising Properties of Power Indices," Discussion Papers 1271, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  2. Sugden, Robert, 1995. "A Theory of Focal Points," Economic Journal, Royal Economic Society, vol. 105(430), pages 533-50, May. [Downloadable!] (restricted)
  3. Smith, Vernon L, 1982. "Microeconomic Systems as an Experimental Science," American Economic Review, American Economic Association, vol. 72(5), pages 923-55, December. [Downloadable!] (restricted)
  4. Dennis Leech, 2002. "An Empirical Comparison of the Performance of Classical Power Indices," Political Studies, Political Studies Association, vol. 50(1), pages 1-22, 03. [Downloadable!] (restricted)
    Other versions:
  5. Taylor, Alan & Zwicker, William, 1997. "Interval measures of power," Mathematical Social Sciences, Elsevier, vol. 33(1), pages 23-74, February. [Downloadable!] (restricted)
  6. S.C. Littlechild & G.F. Thompson, 1977. "Aircraft Landing Fees: A Game Theory Approach," Bell Journal of Economics, The RAND Corporation, vol. 8(1), pages 186-204, Spring. [Downloadable!] (restricted)
  7. Chris GELLER & Jamie MUSTARD & Ranya SHAHWAN, 2004. "Standard Voting Power Indices Work: An Experimental Investigation of Pure Voting Power," Economics Series 2004_23, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
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