New Measure of Voting Power
During last two decades we observe a boom of power indices literature related to constitutional analysis of European Union institutions and distribution of intrainstitutional and inter-institutional influence in the European Union decision making. Growing interest to power indices methodology leads also to reconsideration of the methodology itself. In this paper a new general a priori voting power measure is proposed distinguishing between absolute and relative power. This power measure covers traditional Shapley-Shubik and Penrose-Banzhaf power indices as its special cases.
|Date of creation:||2005|
|Date of revision:||2005|
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CEPR Discussion Papers
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- Karel Janda, 2004. "Bankruptcy Procedures with Ex Post Moral Hazard," Working Papers IES 61, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised 2004.
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