Showing 1 - 10 of 33
In general in organizations whose system of governance involves weighted majority voting, power and voting weight differ. Power indices are a value concept for majority voting games which provide a means of analyzing this difference. This paper provides new algorithms for computing the two...
Persistent link: https://www.econbiz.de/10005368542
Persistent link: https://www.econbiz.de/10005368679
This paper compares the theoretical bases of the Shapley-Shubik and Banzhaf indices of voting power for a legislature with weighted voting. Definitions based on probabilistic-voting assumptions, useful both as behavioral descriptions and for computation in empirical applications, are compared in...
Persistent link: https://www.econbiz.de/10005368704
Persistent link: https://www.econbiz.de/10005368720
Voting Power Indices enable the analysis of the distribution of power in a legislature or voting body which uses weighted voting. Although the approach, based on co-operative game theory, has been known for a long time it has not been very widely applied, in part because of the difficulty of...
Persistent link: https://www.econbiz.de/10005368783
This paper assesses the indices against a set of reasonable criteria in terms of shareholder voting power and the control of the corporation in a large cross section of British companies. Each company is a separate voting body and there is much variation in the distribution of voting shares...
Persistent link: https://www.econbiz.de/10005146829
This paper examines the system of Qualified Majority Voting, used by the Council of Ministers of the European Union, from the perspective of enlargement of the Union. It uses an approach based on power indices due to Penrose, Banzhaf and Coleman to make two analyses: (1) the question of the...
Persistent link: https://www.econbiz.de/10005146837
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...
Persistent link: https://www.econbiz.de/10005146902
This paper reports on a study that tests the anecdotal hypothesis that the prices of houses near popular comprehensive schools carry a premium. Since local education authorities use admissions policies based on catchment areas and places in popular schools are very hard to obtain from outside...
Persistent link: https://www.econbiz.de/10005146907
Voting Power Indices enable the analysis of the distribution of power in a legislature or voting body in which different members have different numbers of votes. Although this approach to the measurement of power, based on co-operative game theory, has been known for a long time its empirical...
Persistent link: https://www.econbiz.de/10005748205