IDEAS home Printed from https://ideas.repec.org/p/isu/genres/12808.html
   My bibliography  Save this paper

A New Characterization of the Banzhaf Index of Power

Author

Listed:
  • Barua, Rana
  • Chakravarty, Satya R.
  • Roy, Sonali

Abstract

This paper develops a new axiomatic characterization of the Banzhaf index of power using four axioms from four different contributions to the area. A nice feature of the characterization is independence of the axioms showing importance of each of them in the exercise.

Suggested Citation

  • Barua, Rana & Chakravarty, Satya R. & Roy, Sonali, 2007. "A New Characterization of the Banzhaf Index of Power," Staff General Research Papers Archive 12808, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:12808
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Dan S. Felsenthal & Moshé Machover, 1998. "The Measurement of Voting Power," Books, Edward Elgar Publishing, number 1489.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Josep Freixas & Montserrat Pons, 2021. "An Appropriate Way to Extend the Banzhaf Index for Multiple Levels of Approval," Group Decision and Negotiation, Springer, vol. 30(2), pages 447-462, April.
    2. Giulia Bernardi, 2018. "A New Axiomatization of the Banzhaf Index for Games with Abstention," Group Decision and Negotiation, Springer, vol. 27(1), pages 165-177, February.
    3. Josep Freixas & Roberto Lucchetti, 2016. "Power in voting rules with abstention: an axiomatization of a two components power index," Annals of Operations Research, Springer, vol. 244(2), pages 455-474, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Roy, Sonali, 2008. "The exact lower bound for the Coleman index of the power of a collectivity for a special class of simple majority games," Mathematical Social Sciences, Elsevier, vol. 56(2), pages 296-300, September.
    2. Matija Kovacic & Claudio Zoli, 2021. "Ethnic distribution, effective power and conflict," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 57(2), pages 257-299, August.
    3. Mikel Alvarez-Mozos & José María Alonso-Meijide & María Gloria Fiestras-Janeiro, 2016. "The Shapley-Shubik Index in the Presence of Externalities," UB School of Economics Working Papers 2016/342, University of Barcelona School of Economics.
    4. Monisankar Bishnu & Sonali Roy, 2012. "Hierarchy of players in swap robust voting games," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(1), pages 11-22, January.
    5. Claus Beisbart & Stephan Hartmann, 2010. "Welfarist evaluations of decision rules under interstate utility dependencies," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 34(2), pages 315-344, February.
    6. Zaporozhets, Vera & García-Valiñas, María & Kurz, Sascha, 2016. "Key drivers of EU budget allocation: Does power matter?," European Journal of Political Economy, Elsevier, vol. 43(C), pages 57-70.
    7. Silvia Fedeli & Francesco Forte, 2001. "Voting Powers and the Efficiency of the Decision-Making Process in the European Council of Ministers," European Journal of Law and Economics, Springer, vol. 12(1), pages 5-38, July.
    8. Renneboog, Luc & Szilagyi, Peter G., 2020. "How relevant is dividend policy under low shareholder protection?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 64(C).
    9. Grabisch, Michel & Rusinowska, Agnieszka, 2011. "Influence functions, followers and command games," Games and Economic Behavior, Elsevier, vol. 72(1), pages 123-138, May.
    10. F. Barthélémy & M. Martin, 2005. "Répartition des sièges au sein des structures intercommunales du Val d’Oise," THEMA Working Papers 2005-16, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    11. Le Breton, Michel & Montero, Maria & Zaporozhets, Vera, 2012. "Voting power in the EU council of ministers and fair decision making in distributive politics," Mathematical Social Sciences, Elsevier, vol. 63(2), pages 159-173.
    12. Leech, Dennis & Leech, Robert, 2009. "Reforming IMF and World Bank governance : in search of simplicity, transparency and democratic legitimacy in the voting rules," Economic Research Papers 271286, University of Warwick - Department of Economics.
    13. Michel Grabisch & Agnieszka Rusinowska, 2010. "A model of influence with an ordered set of possible actions," Theory and Decision, Springer, vol. 69(4), pages 635-656, October.
    14. Maria Montero, 2023. "Bargaining in Legislatures: A New Donation Paradox," Studies in Choice and Welfare, in: Sascha Kurz & Nicola Maaser & Alexander Mayer (ed.), Advances in Collective Decision Making, pages 159-171, Springer.
    15. Fabrice Barthelemy & Mathieu Martin, 2011. "A Comparison Between the Methods of Apportionment Using Power Indices: the Case of the US Presidential Elections," Annals of Economics and Statistics, GENES, issue 101-102, pages 87-106.
    16. Freixas, Josep & Kurz, Sascha, 2013. "The golden number and Fibonacci sequences in the design of voting structures," European Journal of Operational Research, Elsevier, vol. 226(2), pages 246-257.
    17. Friedman, Jane & Parker, Cameron, 2018. "The conditional Shapley–Shubik measure for ternary voting games," Games and Economic Behavior, Elsevier, vol. 108(C), pages 379-390.
    18. Serguei Kaniovski, 2008. "The exact bias of the Banzhaf measure of power when votes are neither equiprobable nor independent," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 31(2), pages 281-300, August.
    19. Frédéric Bobay, 2001. "La réforme du Conseil de l'Union européenne à partir de la théorie des jeux," Revue Française d'Économie, Programme National Persée, vol. 16(2), pages 3-61.
    20. Freixas, Josep & Zwicker, William S., 2009. "Anonymous yes-no voting with abstention and multiple levels of approval," Games and Economic Behavior, Elsevier, vol. 67(2), pages 428-444, November.

    More about this item

    Keywords

    voting game; Voting power; Banzhaf index; axioms; characterization;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:isu:genres:12808. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Curtis Balmer (email available below). General contact details of provider: https://edirc.repec.org/data/deiasus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.