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Power indices taking into account agents' preferences

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  • Aleskerov, Fuad

    (State University 'Higher School of Economics' and Institute of Control Sciences, Russian Academy of Sciences)

Abstract

A 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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File URL: http://www2.warwick.ac.uk/fac/soc/economics/research/workingpapers/2009/twerp_898.pdf
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Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 898.

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Date of creation: 2009
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Handle: RePEc:wrk:warwec:898

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  1. Federico Valenciano & Annick Laruelle, 2000. "- Shapley-Shubik And Banzhaf Indices Revisited," Working Papers. Serie AD 2000-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  2. Leech, D., 2000. "Members' Voting Power in the Governance of the International Monetary Fund," The Warwick Economics Research Paper Series (TWERPS) 583, University of Warwick, Department of Economics.
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Cited by:
  1. Pavel Doležel, 2011. "Estimating the Efficiency of Voting in Big Size Committees," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 5(2), pages 172-190, August.
  2. Fuad Aleskerov, 2008. "Power distribution in the electoral body with an application to the Russian Parliament," ICER Working Papers - Applied Mathematics Series 11-2008, ICER - International Centre for Economic Research.
  3. 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.

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