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Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power. Groups of six subjects with differing votes divide a fixed purse by majority rule in online chat rooms. Earnings proxy for measured power. Chat rooms and processes for selecting...
Persistent link: https://www.econbiz.de/10010956071
We study political distortions that emerge in situations where agents' political power is disproportionate with respect to their economic power. We provide a precise definition which adopts the same measure unit, the Shapley value, to evaluate both the economic and the political power. We show...
Persistent link: https://www.econbiz.de/10009366400
We develop a theoretical framework for equity in council voting games (CVGs). In a CVG, a fully representative voting body delegates decision-making to a subset of the members, as describes, e.g., the United Nations Security Council (UNSC). Three equity concepts are proposed: ex-ante...
Persistent link: https://www.econbiz.de/10010723541
Twenty years of negotiations over reform of the United Nations Security Council (UNSC) are yet to bear fruit. We use recent advances in the theory of a-priori voting power to present a formal quantitative appraisal of the “structural reforms” contained within eleven current reform proposals,...
Persistent link: https://www.econbiz.de/10010779411
We justify why a single seat from European members in international fora might be preferable than a multitude of seats. Leech and Leech (2005), Eichengreen (2008) proposed this reform at the IMF. Why? Even though nowadays European Union has an aggregate voting power that is higher than its?...
Persistent link: https://www.econbiz.de/10008620286
Fundamentalist organizations and the terrorists they spawn do not arise of a vacuum. Combating terrorism requires understanding the principles of groups’ formation, development and growth. We use economic theory to explain the creation and development of fundamentalist groups. In this paper we...
Persistent link: https://www.econbiz.de/10005750177
In this paper we develop a theory of Kosher Wars under which Rabbis (certifying authorities) compete to enhance the level of Jewish observation of their congregations. The level of observance can be seen as the Rabbi's rents. Our rent-seeking model explains the establishment of Kashrut...
Persistent link: https://www.econbiz.de/10005750234
merits of the voting power concept and promotes two indices associated with it: the Penrose-Banzhaf index and the Shapley …
Persistent link: https://www.econbiz.de/10011158440
the Hamming weights, reflect the ratio of voting weight to influence, measured as Penrose–Banzhaf voting power. In …
Persistent link: https://www.econbiz.de/10010753430
Banzhaf indices in TVGs. Braham and Steffen (2002) argued that the decision-making structure of a TVG may not be justified … interpretation of power provides a unifying characterization of analogues of the Banzhaf (Bz) measure. Second, using the …
Persistent link: https://www.econbiz.de/10005043436