Power indices taking into account agents' preferences
AbstractA set of new power indices is introduced extending Banzhaf power index and allowing to take into account agents’ preferences to coalesce. An axiomatic characterization of intensity functions representing a desire of agents to coalesce is given. A set of axioms for new power indices is presented and discussed. An example of use of these indices for Russian parliament is given.
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Bibliographic InfoPaper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 898.
Date of creation: 2009
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