Members' Voting Power in the Governance of the International Monetary Fund
In general in an organization whose system of governance involves weighted voting, a member's weight in terms of the number of votes and the formal power it represents differ. Power indices provide a means of analyzing this difference. The paper uses new algorithms for computing power indices for large games.
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- Leech, D., 1997. "Power Relations in the International Monetary Fund: A Study of the Political Economy of a Priori Voting Power Using the Theory of Simple Games," The Warwick Economics Research Paper Series (TWERPS) 494, University of Warwick, Department of Economics.
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- Garrett, Geoffrey & Tsebelis, George, 1996. "An institutional critique of intergovernmentalism," International Organization, Cambridge University Press, vol. 50(02), pages 269-299, March.
- Jan-Erik Lane & Sven Berg, 1999. "Relevance of Voting Power," Journal of Theoretical Politics, , vol. 11(3), pages 309-320, July.
- Dan S. Felsenthal & Moshé Machover, 1998. "The Measurement of Voting Power," Books, Edward Elgar Publishing, number 1489.
- Straffin, Philip Jr., 1994. "Power and stability in politics," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 32, pages 1127-1151 Elsevier.
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