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Power indices taking into account agents' preferences

  • Aleskerov, Fuad

    (State University 'Higher School of Economics' and Institute of Control Sciences, Russian Academy of Sciences)

A set of new power indices is introduced extending Banzhaf power index and allowing to take into account agents’ preferences to coalesce. An axiomatic characterization of intensity functions representing a desire of agents to coalesce is given. A set of axioms for new power indices is presented and discussed. An example of use of these indices for Russian parliament is given.

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File URL: http://www2.warwick.ac.uk/fac/soc/economics/research/workingpapers/2009/twerp_898.pdf
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Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 898.

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Date of creation: 2009
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Handle: RePEc:wrk:warwec:898
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  1. Federico Valenciano & Annick Laruelle, 2000. "- Shapley-Shubik And Banzhaf Indices Revisited," Working Papers. Serie AD 2000-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  2. Leech, D., 2000. "Members' Voting Power in the Governance of the International Monetary Fund," The Warwick Economics Research Paper Series (TWERPS) 583, University of Warwick, Department of Economics.
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