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- On The Choice Of A Power Index

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  • Annick Laruelle

    (Universidad de Alicante)

Abstract

In this paper, we review and compare the main power indices to be found in the literature, that is to say, the Shapley-Shubik index, the Banzhaf index, the Johnston index, the Deegan-Packel index, and the Holler-Packel index. Three diferent approaches are used. First, the power indices are compared on the basis of a priori properties that they should satisfy. Second, a players power indices are compared on the basis of a priori properties that they shoud satisfy. Second, a players power is interpreted as the probability of her or his vote being necessary to pass a proposal. We present two models consistent with this approach: a model in which this probability arises from the assumptions made on the coalition formation and model, in which it arises from the assumptions made on the players voting behavior. Third, a players power is dened as her or his probability of playing a crucial role. Some power indices are derived from diferent assessments concerning the probability of playing such a role. Illustrations of the choice of an index are given for actual decision-making processes.

Suggested Citation

  • Annick Laruelle, 1999. "- On The Choice Of A Power Index," Working Papers. Serie AD 1999-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasad:1999-10
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    File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1999-10.pdf
    File Function: Fisrt version / Primera version, 1999
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    References listed on IDEAS

    as
    1. M Laver, 1978. "The Problems of Measuring Power in Europe," Environment and Planning A, , vol. 10(8), pages 901-906, August.
    2. 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.
    3. Dan Felsenthal & Moshé Machover & William Zwicker, 1998. "The Bicameral Postulates and Indices of a Priori Voting Power," Theory and Decision, Springer, vol. 44(1), pages 83-116, January.
    4. Federico Valenciano & Annick Laruelle, 2000. "- On The Measurement Of Inequality In The Distribution Of Power In Voting Procedures," Working Papers. Serie AD 2000-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    5. Laruelle, Annick & Widgren, Mika, 1998. "Is the Allocation of Voting Power among EU States Fair?," Public Choice, Springer, vol. 94(3-4), pages 317-339, March.
    6. Edelman, Paul H., 1997. "A note on voting," Mathematical Social Sciences, Elsevier, vol. 34(1), pages 37-50, August.
    7. (*), Gerard van der Laan & RenÊ van den Brink, 1998. "Axiomatizations of the normalized Banzhaf value and the Shapley value," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 15(4), pages 567-582.
    8. M Laver, 1978. "The problems of measuring power in Europe," Environment and Planning A, Pion Ltd, London, vol. 10(8), pages 901-905, August.
    9. repec:cup:apsrev:v:48:y:1954:i:03:p:787-792_00 is not listed on IDEAS
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    Citations

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    Cited by:

    1. Annick Laruelle & Federico Valenciano, 2001. "Shapley-Shubik and Banzhaf Indices Revisited," Mathematics of Operations Research, INFORMS, vol. 26(1), pages 89-104, February.
    2. Mika WidgrÚn, 2002. "On the Probablistic Relationship between the Public Good Index and the Normalized Bannzhaf Index," Homo Oeconomicus, Institute of SocioEconomics, vol. 19, pages 373-386.
    3. Laruelle, Annick & Valenciano, Federico, 2002. "Inequality among EU citizens in the EU's Council decision procedure," European Journal of Political Economy, Elsevier, vol. 18(3), pages 475-498, September.
    4. 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.
    5. J. Alonso-Meijide & F. Carreras & M. Fiestras-Janeiro, 2005. "The Multilinear Extension and the Symmetric Coalition Banzhaf Value," Theory and Decision, Springer, vol. 59(2), pages 111-126, September.
    6. Carreras, Francesc, 2005. "A decisiveness index for simple games," European Journal of Operational Research, Elsevier, vol. 163(2), pages 370-387, June.
    7. Harrie De Swart & Agnieszka Rusinowska, 2007. "On some properties of the Hoede-Bakker index," Post-Print halshs-00201414, HAL.

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    Keywords

    Collective Decision Making; Power Indices;

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