IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Focused Power: Experimental Manifestation of the Shapley-Shubik Power Index

  • Chris Geller

    ()

    (Deakin University)

  • Jamie Mustard

    ()

    (Deakin University)

  • Ranya Shahwan

Experiments evaluate the fit of the Shapley-Shubik Power Index to a controlled human environment. Subjects with differing votes divide a fixed purse by majority rule in online chat rooms under supervision. Earnings serve as a measure of power. Chat rooms and processes for selecting subjects reduce or eliminate extraneous political forces, leaving logrolling as the primary political force. Initial proposals by subjects for division of the purse allow measurement of effects from focal points and transaction costs. Net results closely fit the Shapley-Shubik Power Index.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.deakin.edu.au/buslaw/aef/workingpapers/papers/2007-13eco.pdf
Download Restriction: no

Paper provided by Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance in its series Economics Series with number 2007_13.

as
in new window

Length: 40 pages
Date of creation: 23 Nov 2007
Date of revision:
Handle: RePEc:dkn:econwp:eco_2007_13
Contact details of provider: Postal: 221 Burwood Highway, Burwood 3125
Phone: 61 3 9244 3815
Web page: http://www.deakin.edu.au/buslaw/aef/index.php

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Shubik, Martin, 2002. "Game theory and experimental gaming," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 3, chapter 62, pages 2327-2351 Elsevier.
  2. Smith, Vernon L, 1982. "Microeconomic Systems as an Experimental Science," American Economic Review, American Economic Association, vol. 72(5), pages 923-55, December.
  3. Chris GELLER & Jamie MUSTARD & Ranya SHAHWAN, 2004. "Standard Voting Power Indices Work: An Experimental Investigation of Pure Voting Power," Economics Series 2004_23, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
  4. Leech, D., 2000. "An Empirical Comparison of the Performance of Classical Power Indices," The Warwick Economics Research Paper Series (TWERPS) 563, University of Warwick, Department of Economics.
  5. Donal G. Saari & Katri K. Sieberg, 1999. "Some Surprising Properties of Power Indices," Discussion Papers 1271, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  6. Taylor, Alan & Zwicker, William, 1997. "Interval measures of power," Mathematical Social Sciences, Elsevier, vol. 33(1), pages 23-74, February.
  7. Heikki Kauppi & Mika Widgrén, 2004. "What determines EU decision making? Needs, power or both?," Economic Policy, CEPR;CES;MSH, vol. 19(39), pages 221-266, 07.
  8. Manfred J. Holler & Stefan Napel, 2004. "Monotonicity of power and power measures," Theory and Decision, Springer, vol. 56(2_2), pages 93-111, 02.
  9. Sugden, Robert, 1995. "A Theory of Focal Points," Economic Journal, Royal Economic Society, vol. 105(430), pages 533-50, May.
  10. R J Johnston, 1977. "National sovereignty and national power in European institutions," Environment and Planning A, Pion Ltd, London, vol. 9(5), pages 569-577, May.
  11. Gelman, Andrew & Katz, Jonathan N. & Bafumi, Joseph, 2002. "Standard Voting Power Indexes Don't Work: An Empirical Analysis," Working Papers 1133, California Institute of Technology, Division of the Humanities and Social Sciences.
  12. S.C. Littlechild & G.F. Thompson, 1977. "Aircraft Landing Fees: A Game Theory Approach," Bell Journal of Economics, The RAND Corporation, vol. 8(1), pages 186-204, Spring.
  13. R J Johnston, 1978. "On the measurement of power: some reactions to Laver," Environment and Planning A, Pion Ltd, London, vol. 10(8), pages 907-914, August.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:dkn:econwp:eco_2007_13. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dr Xueli Tang)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.