IDEAS home Printed from https://ideas.repec.org/p/wrk/warwec/898.html
   My bibliography  Save this paper

Power indices taking into account agents' preferences

Author

Listed:
  • Aleskerov, Fuad

    (State University 'Higher School of Economics' and Institute of Control Sciences, Russian Academy of Sciences)

Abstract

A set of new power indices is introduced extending Banzhaf power index and allowing to take into account agents’ preferences to coalesce. An axiomatic characterization of intensity functions representing a desire of agents to coalesce is given. A set of axioms for new power indices is presented and discussed. An example of use of these indices for Russian parliament is given.

Suggested Citation

  • Aleskerov, Fuad, 2009. "Power indices taking into account agents' preferences," The Warwick Economics Research Paper Series (TWERPS) 898, University of Warwick, Department of Economics.
  • Handle: RePEc:wrk:warwec:898
    as

    Download full text from publisher

    File URL: https://warwick.ac.uk/fac/soc/economics/research/workingpapers/2009/twerp_898.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Dennis Leech, 2002. "Voting Power in the Governance of the International Monetary Fund," Annals of Operations Research, Springer, vol. 109(1), pages 375-397, January.
    2. Annick Laruelle & Federico Valenciano, 2001. "Shapley-Shubik and Banzhaf Indices Revisited," Mathematics of Operations Research, INFORMS, vol. 26(1), pages 89-104, February.
    3. Leech, D., 2000. "Members' Voting Power in the Governance of the International Monetary Fund," The Warwick Economics Research Paper Series (TWERPS) 583, University of Warwick, Department of Economics.
    4. Steven J. Brams, 1997. "Game Theory And Emotions," Rationality and Society, , vol. 9(1), pages 91-124, February.
    5. Leech, Dennis, 2002. "Voting Power In The Governance Of The International Monetary Fund," Economic Research Papers 269354, University of Warwick - Department of Economics.
    6. Michael D. Intriligator, 1973. "A Probabilistic Model of Social Choice," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 40(4), pages 553-560.
    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. F. Aleskerov & N. Meshcheryakova & S. Shvydun, 2016. "Centrality measures in networks based on nodes attributes, long-range interactions and group influence," Papers 1610.05892, arXiv.org.
    2. Fuad Aleskerov, 2008. "Power distribution in the electoral body with an application to the Russian Parliament," ICER Working Papers - Applied Mathematics Series 11-2008, ICER - International Centre for Economic Research.
    3. Fuad Aleskerov & Manfred Holler & Rita Kamalova, 2014. "Power distribution in the Weimar Reichstag in 1919–1933," Annals of Operations Research, Springer, vol. 215(1), pages 25-37, April.
    4. Fuad Aleskerov & Irina Gavrilenkova & Sergey Shvydun & Vyacheslav Yakuba, 2020. "Power Distribution in the Networks of Terrorist Groups: 2001–2018," Group Decision and Negotiation, Springer, vol. 29(3), pages 399-424, June.
    5. Pavel Doležel, 2011. "Estimating the Efficiency of Voting in Big Size Committees," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 5(2), pages 172-190, August.
    6. Fuad Aleskerov & Natalia Meshcheryakova & Alisa Nikitina & Sergey Shvydun, 2016. "Key Borrowers Detection by Long-Range Interactions," HSE Working papers WP BRP 56/FE/2016, National Research University Higher School of Economics.
    7. Thimann, Christian & Reynaud, Julien & Gatarek, Lukasz, 2007. "Proximity and linkages among coalition participants: a new voting power measure applied to the International Monetary Fund," Working Paper Series 819, European Central Bank.
    8. Aleskerov, F. & Badgaeva, D. & Pislyakov, V. & Sterligov, I. & Shvydun, S., 2016. "An Importance of Russian and International Economic Journals: a Network Approach," Journal of the New Economic Association, New Economic Association, vol. 30(2), pages 193-205.
    9. Рубинштейн Александр Яковлевич, "undated". "Ранжирование Российских Экономических Журналов: Научный Метод Или «Игра В Цыфирь»? [Ran Ranking of Russian Economic Journals: The Scientific Method or “Numbers Game”?]," Working papers a:pru175:ye:2016:1, Institute of Economics.
    10. Matteo Migheli, 2016. "Measuring Representativeness in Different Electoral Systems, Using Italian and Dutch Data," Group Decision and Negotiation, Springer, vol. 25(4), pages 723-748, July.
    11. Julien Reynaud & Fabien Lange & Łukasz Gątarek & Christian Thimann, 2011. "Proximity in Coalition Building," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 3(3), pages 111-132, September.
    12. Fuad Aleskerov & Irina Andrievskaya & Elena Permjakova, 2014. "Key Borrowers Detected By The Intensities Of Their Short-range Interactions," HSE Working papers WP BRP 33/FE/2014, National Research University Higher School of Economics.

    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. Julien Reynaud & Fabien Lange & Łukasz Gątarek & Christian Thimann, 2011. "Proximity in Coalition Building," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 3(3), pages 111-132, September.
    2. Michel Le Breton & Peter Sudhölter & Vera Zaporozhets, 2012. "Sequential legislative lobbying," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 39(2), pages 491-520, July.
    3. Pavel Doležel, 2011. "Optimizing the Efficiency of Weighted Voting Games," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 5(3), pages 306-323, November.
    4. Leech, Dennis, 2003. "The Utility of the Voting Power Approach," The Warwick Economics Research Paper Series (TWERPS) 678, University of Warwick, Department of Economics.
    5. Abraham Diskin & Moshe Koppel, 2010. "Voting power: an information theory approach," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 34(1), pages 105-119, January.
    6. Fuad Aleskerov, 2008. "Power distribution in the electoral body with an application to the Russian Parliament," ICER Working Papers - Applied Mathematics Series 11-2008, ICER - International Centre for Economic Research.
    7. Ludovic Renou, 2011. "Group Formation and Governance," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 13(4), pages 595-630, August.
    8. André Casajus & Frank Huettner, 2019. "The Coleman–Shapley index: being decisive within the coalition of the interested," Public Choice, Springer, vol. 181(3), pages 275-289, December.
    9. Leech, Dennis & Leech, Robert, 2009. "Reforming IMF and World Bank governance : in search of simplicity, transparency and democratic legitimacy in the voting rules," The Warwick Economics Research Paper Series (TWERPS) 914, University of Warwick, Department of Economics.
    10. Sylvain Béal & Marc Deschamps & Mostapha Diss & Issofa Moyouwou, 2022. "Inconsistent weighting in weighted voting games," Public Choice, Springer, vol. 191(1), pages 75-103, April.
    11. Yuto Ushioda & Masato Tanaka & Tomomi Matsui, 2022. "Monte Carlo Methods for the Shapley–Shubik Power Index," Games, MDPI, vol. 13(3), pages 1-14, June.
    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. 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.
    14. 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," Economic Research Papers 269458, University of Warwick - Department of Economics.
    15. A. Saavedra-Nieves, 2023. "On stratified sampling for estimating coalitional values," Annals of Operations Research, Springer, vol. 320(1), pages 325-353, January.
    16. Alonso-Meijide, J.M. & Bilbao, J.M. & Casas-Méndez, B. & Fernández, J.R., 2009. "Weighted multiple majority games with unions: Generating functions and applications to the European Union," European Journal of Operational Research, Elsevier, vol. 198(2), pages 530-544, October.
    17. Jonathan R. Strand & Kenneth J. Retzl, 2016. "Did Recent Voice Reforms Improve Good Governance within the World Bank?," Development and Change, International Institute of Social Studies, vol. 47(3), pages 415-445, May.
    18. Le Breton, Michel & Lepelley, Dominique & Macé, Antonin & Merlin, Vincent, 2017. "Le mécanisme optimal de vote au sein du conseil des représentants d’un système fédéral," L'Actualité Economique, Société Canadienne de Science Economique, vol. 93(1-2), pages 203-248, Mars-Juin.
    19. Géraldine Mahieu & Dirk Ooms & Stéphane Rottier, 2005. "Forum Section: EU Representation and the Governance of the International Monetary Fund," European Union Politics, , vol. 6(4), pages 493-510, December.
    20. Freixas, Josep & Marciniak, Dorota & Pons, Montserrat, 2012. "On the ordinal equivalence of the Johnston, Banzhaf and Shapley power indices," European Journal of Operational Research, Elsevier, vol. 216(2), pages 367-375.

    More about this item

    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:wrk:warwec:898. 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: Margaret Nash (email available below). General contact details of provider: https://edirc.repec.org/data/dewaruk.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.