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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Publisher Info
Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number
12808.
Length: Date of creation: 07 May 2007 Date of revision: Publication status: Published in International Game Theory Review, December 2005, Vol. 7, No. 4, pp. 545-553. Handle: RePEc:isu:genres:12808
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