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We introduce the prediction value (PV) as a measure of players' informational importance in probabilistic TU games. The latter combine a standard TU game and a probability distribution over the set of coalitions. Player i's prediction value equals the difference between the conditional...
Persistent link: https://www.econbiz.de/10010328331
We introduce the prediction value (PV) as a measure of players' informational importance in probabilistic TU games. The latter combine a standard TU game and a probability distribution over the set of coalitions. Player i's prediction value equals the difference between the conditional...
Persistent link: https://www.econbiz.de/10010225788
We introduce the prediction value (PV) as a measure of players’ informational importance in probabilistic TU games. The latter combine a standard TU game and a probability distribution over the set of coalitions. Player i’s prediction value equals the difference between the conditional...
Persistent link: https://www.econbiz.de/10011256041
Power indices are mappings that quantify the influence of the members of a voting body on collective decisions a priori. Their nonlinearity and discontinuity makes it difficult to compute inverse images, i.e., to determine a voting system which induces a power distribution as close as possible...
Persistent link: https://www.econbiz.de/10010291806
Players in a committee, council, or electoral college often wield asymmetric numbers of votes. Binary decision environments are then conventionally modeled as weighted voting games. We introduce weighted committee games in order to describe decisions on three or more alternatives in similarly...
Persistent link: https://www.econbiz.de/10011892066
Power indices are mappings that quantify the influence of the members of a voting body on collective decisions a priori. Their nonlinearity and discontinuity makes it difficult to compute inverse images, i.e., to determine a voting system which induces a power distribution as close as possible...
Persistent link: https://www.econbiz.de/10009569626
The Shapley-Shubik index is a specialization of the Shapley value and is widely applied to evaluate the power distribution in committees drawing binary decisions. It was generalized to decisions with more than two levels of approval both in the input and the output. The corresponding games are...
Persistent link: https://www.econbiz.de/10012842953
A simple game (N,v) is given by a set N of n players and a partition of 2N into a set L of losing coalitions L with value v(L) = 0 that is closed under taking subsets and a set W of winning coalitions W with v(W) = 1. Simple games with α = minp>0 maxW∈W,L∈L p(L) p(W) < 1 are exactly the weighted voting games. We show that α 6 1 4n for every simple game (N,v), confi rming the conjecture of Freixas and Kurz (IJGT, 2014). For complete simple games, Freixas and Kurz conjectured that α = O(√n). We prove this conjecture up to a ln n factor. We also prove that for graphic simple games, that is, simple games in which every minimal winning coalition has size 2, computing α is NP-hard, but polynomial-time solvable if the underlying graph is bipartite. Moreover, we show that for every graphic simple game, deciding if α < a is polynomial-time solvable for every fixed a > 0
Persistent link: https://www.econbiz.de/10012909150
A weighted game or a threshold function in general admits different weighted representations even if the sum of non-negative weights is fixed to one. Here we study bounds for the diameter of the corresponding weight polytope. It turns out that the diameter can be upper bounded in terms of the...
Persistent link: https://www.econbiz.de/10012898553
In 1996 D. Felsenthal and M. Machover considered the following model. An assembly consisting of n voters exercises roll-call. All n! possible orders in which the voters may be called are assumed to be equiprobable. The votes of each voter are independent with expectation 0
Persistent link: https://www.econbiz.de/10012936488