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Proximity in coalition building

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Author Info

  • Julien Reynaud

    ()
    (European Central Bank)

  • Fabien Lange

    ()
    (Budapest Tech)

  • Lukasz Gatarek

    ()
    (European Central Bank)

  • Christian Thimann

    ()
    (European Central Bank)

Abstract

Voting power methodology offers insights to understand coalition building in collective decision making. This paper proposes a new measure of voting power inspired from Banzhaf (1965) accounting for the proximity between voters by capturing how often they appear in winning coalitions together. Using this proximity index, we introduce a notion of relative linkages among coalition participants as determinant of coalition building. We propose an application to the governance structure of the International Monetary Fund, with linkages being represented by bilateral volumes of trade between voters. The results are able to explain several important features of the functioning of this particular voting body, and may be useful for other applications in international politics.

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File URL: http://uni-obuda.hu/users/vecseya/RePEc/pkk/wpaper/0808.pdf
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Bibliographic Info

Paper provided by Óbuda University, Keleti Faculty of Business and Management in its series Working Paper Series with number 0808.

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Length: 20 pages
Date of creation: 2007
Date of revision: Jul 2008
Handle: RePEc:pkk:wpaper:0808

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Keywords: voting power index; coalition building; International Monetary Fund; linkage; proximity;

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References

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  29. Reynaud, Julien & Thimann, Christian & Gatarek, Lukasz, 2007. "Proximity and linkages among coalition participants: a new voting power measure applied to the International Monetary Fund," Working Paper Series 0819, European Central Bank.
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Citations

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Cited by:
  1. Julien Reynaud & Fabien Lange & Lukasz Gatarek & Christian Thimann, 2007. "Proximity in coalition building," Working Paper Series 0808, Óbuda University, Keleti Faculty of Business and Management, revised Jul 2008.
  2. László Á. Kóczy, 2009. "Measuring voting power: The paradox of new members vs the null player axiom," Working Paper Series 0903, Óbuda University, Keleti Faculty of Business and Management.

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