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The extent to which there is a regular relationship between the current voting weights in Council of European Union member states and their populations is investigated. It is shown that a model of alpha- or weak proportionality has a high explanatory power, with certain restrictions. Further...
Persistent link: https://www.econbiz.de/10005704160
Analysis of the Constitutional Treaty of the European Union shows that there is a serious discrepancy between the voting power gradient of Member States computed by the Shapley-Shubik and Banzhaf indices. Given the lack of compelling arguments to choose between these indices on purely axiomatic...
Persistent link: https://www.econbiz.de/10005764176
The consequences of consolidating EU representation at the IMF Executive Board by regrouping the 27 Member States into two EU constituencies, euro area and non-euro area, are discussed. In particular we contrast voting power as proposed by Penrose-Banzhaf (PBI) and Shapley-Shubik (SSI), and...
Persistent link: https://www.econbiz.de/10008492040
Persistent link: https://www.econbiz.de/10003451977
Analysis of the Constitutional Treaty of the European Union shows that there is a serious discrepancy between the voting power gradient of Member States computed by the Shapley-Shubik and Banzhaf indices. Given the lack of compelling arguments to choose between these indices on purely axiomatic...
Persistent link: https://www.econbiz.de/10009731164
Some models are presented in this paper which extend the concept of measuring superefficiency to the useful case of variable returns-to-scales (VRS), thus enabling the ranking of efficient as well as inefficient units. Two models, namely the Universal Radial Model and the Universal Additive...
Persistent link: https://www.econbiz.de/10009714279
Persistent link: https://www.econbiz.de/10001583703
Some models are presented in this paper which extend the concept of measuring superefficiency to the useful case of variable returns-to-scales (VRS), thus enabling the ranking of efficient as well as inefficient units. Two models, namely the Universal Radial Model and the Universal Additive...
Persistent link: https://www.econbiz.de/10010292407