On the Probablistic Relationship between the Public Good Index and the Normalized Bannzhaf Index

In this paper we develop a probablistic interpretation for the normalized Banzhaf index and the public good index. We then derive a way to decompose the normalized Banzhaf index into two parts. The first of them relates the Banzhaf index with the public good index and the other one on a special type of luck. Similarities and differences of the two indices are then discussed.

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Year of publication:	2002
Authors:	Widgrén, Mika
Published in:	Homo Oeconomicus. - Institute of SocioEconomics. - Vol. 19.2002, p. 373-386
Publisher:	Institute of SocioEconomics

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005812351