Showing 31 - 40 of 107
Persistent link: https://www.econbiz.de/10010461343
Incorporating fairness criteria in optimization problems comes at a certain cost, which is measured by the so-called price of fairness. Here we consider the allocation of indivisible goods. For envy-freeness as fairness criterion it is known from the literature that the price of fairness can...
Persistent link: https://www.econbiz.de/10012926807
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
We discuss possible criteria that may qualify or disqualify power indices for applications. Instead of providing final answers we merely ask questions that are relevant from our point of view and summarize some material from the literature
Persistent link: https://www.econbiz.de/10012896803
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
Weighted committee games generalize n-player simple voting games to m ≥ 3 alternatives. The committee's aggregation rule treats votes anonymously but parties, shareholders, members of supranational organizations, etc. differ in their numbers of votes. Infinitely many vote distributions induce...
Persistent link: https://www.econbiz.de/10012941705
The Nakamura number is an appropriate invariant of a simple game in order to study the existence of social equilibria and the possibility of cycles. For symmetric quota games its number can be obtained by an easy formula. For some subclasses of simple games the corresponding Nakamura number has...
Persistent link: https://www.econbiz.de/10012943277
When delegations to an assembly or council represent differently sized constituencies, they are often allocated voting weights which increase in population numbers (EU Council, US Electoral College, etc.). The Penrose square root rule (PSRR) is the main benchmark for fair representation of all...
Persistent link: https://www.econbiz.de/10012822444