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- Shapley-Shubik And Banzhaf Indices Revisited

Author

Listed:
  • Federico Valenciano

    (Universidad del País Vasco)

  • Annick Laruelle

    (Universidad de Alicante)

Abstract

We provide a new axiomatization of the Shapley-Shubik and the Banzhaf power indices in thedomain of simple superadditive games by means of transparent axioms. Only anonymity isshared with the former characterizations in the literature. The rest of the axioms are substitutedby more transparent ones in terms of power in collective decision-making procedures. Inparticular, a clear restatement and a compelling alternative for the transfer axiom are proposed.Only one axiom differentiates the characterization of either index, and these differentiatingaxioms provide a new point of comparison. In a first step both indices are characterized up to azero and a unit of scale. Then both indices are singled out by simple normalizing axioms.

Suggested Citation

  • Federico Valenciano & Annick Laruelle, 2000. "- Shapley-Shubik And Banzhaf Indices Revisited," Working Papers. Serie AD 2000-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    • Handle: RePEc:ivi:wpasad:2000-02
    as

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    References listed on IDEAS

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    5. Annick Laruelle, 1999. "- On The Choice Of A Power Index," Working Papers. Serie AD 1999-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
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    2. Berghammer, Rudolf & Bolus, Stefan & Rusinowska, Agnieszka & de Swart, Harrie, 2011. "A relation-algebraic approach to simple games," European Journal of Operational Research, Elsevier, vol. 210(1), pages 68-80, April.
    3. Robert E. Goodin & Werner Güth & Duncan Snidal, 2005. "Strategic Aspects of Hegemony," Papers on Strategic Interaction 2005-29, Max Planck Institute of Economics, Strategic Interaction Group.
    4. Leech, Dennis, 2002. "Power Indices As An Aid To Institutional Design : The Generalised Apportionment Problem," The Warwick Economics Research Paper Series (TWERPS) 648, University of Warwick, Department of Economics.
    5. Roland Pongou & Bertrand Tchantcho & Lawrence Diffo Lambo, 2011. "Political influence in multi-choice institutions: cyclicity, anonymity, and transitivity," Theory and Decision, Springer, vol. 70(2), pages 157-178, February.
    6. Kauppi, Heikki & Widgrén, Mika, 2008. "Do Benevolent Aspects Have Room Explaining EU Bydget Receipts?," Discussion Papers 1161, The Research Institute of the Finnish Economy.
    7. Fuad Aleskerov, 2006. "Power Indices Taking into Account Agents’ Preferences," Studies in Choice and Welfare, in: Bruno Simeone & Friedrich Pukelsheim (ed.), Mathematics and Democracy, pages 1-18, Springer.
    8. Dubey, Pradeep & Einy, Ezra & Haimanko, Ori, 2005. "Compound voting and the Banzhaf index," Games and Economic Behavior, Elsevier, vol. 51(1), pages 20-30, April.
    9. Kauppi, Heikki & Widgren, Mika, 2007. "Voting rules and budget allocation in the enlarged EU," European Journal of Political Economy, Elsevier, vol. 23(3), pages 693-706, September.
    10. Jean-François Caulier, 2010. "On the measurement of Fragmentation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00633613, HAL.
    11. Pradeep Dubey & Ezra Einy & Ori Haimanko, 2003. "Compound Voting and the Banzhaf Power Index," Discussion Paper Series dp333, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    12. Yan-An Hwang & Yu-Hsien Liao, 2010. "Consistency and dynamic approach of indexes," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 34(4), pages 679-694, April.
    13. Carreras, Francesc & Freixas, Josep & Puente, Maria Albina, 2003. "Semivalues as power indices," European Journal of Operational Research, Elsevier, vol. 149(3), pages 676-687, September.
    14. Jean-François Caulier, 2010. "On the measurement of Fragmentation," Working Papers hal-00633613, HAL.
    15. Barua, Rana & Chakravarty, Satya R. & Sarkar, Palash, 2009. "Minimal-axiom characterizations of the Coleman and Banzhaf indices of voting power," Mathematical Social Sciences, Elsevier, vol. 58(3), pages 367-375, November.
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    17. Leech, Dennis, 2002. "The Use Of Coleman'S Power Indices To Inform The Choice Of Voting Rule With Reference To The Imf Governing Body And The Eu Council Of Ministers," The Warwick Economics Research Paper Series (TWERPS) 645, University of Warwick, Department of Economics.

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