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Proper strong-Fibonacci games

Author

Listed:
  • Flavio Pressacco

    (Udine University)

  • Laura Ziani

    (Udine University)

Abstract

We define proper strong-Fibonacci (PSF) games as the subset of proper homogeneous weighted majority games which admit a Fibonacci representation. This is a homogeneous, type-preserving representation whose ordered sequence of type weights and winning quota is the initial string of Fibonacci numbers of the one-step delayed Fibonacci sequence. We show that for a PSF game, the Fibonacci representation coincides with the natural representation of the game. A characterization of PSF games is given in terms of their profile. This opens the way up to a straightforward formula which gives the number $$\varPsi (t)$$ Ψ ( t ) of such games as a function of t, number of non-dummy players’ types. It turns out that the growth rate of $$\varPsi (t)$$ Ψ ( t ) is exponential. The main result of our paper is that, for two consecutive t values of the same parity, the ratio $$\varPsi (t+2)/\varPsi (t)$$ Ψ ( t + 2 ) / Ψ ( t ) converges toward the golden ratio $${\varPhi }$$ Φ .

Suggested Citation

  • Flavio Pressacco & Laura Ziani, 2018. "Proper strong-Fibonacci games," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 41(2), pages 489-529, November.
  • Handle: RePEc:spr:decfin:v:41:y:2018:i:2:d:10.1007_s10203-018-0212-5
    DOI: 10.1007/s10203-018-0212-5
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    References listed on IDEAS

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    More about this item

    Keywords

    Weighted majority games; Natural representation; Homogeneous representation; Profile vector; Fibonacci numbers; Golden ratio;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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