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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.
Persistent link: https://www.econbiz.de/10005081047
In this paper we establish equivalence between six collections of axioms that all characterize the Carreras-Coleman decisiveness index. Axioms in each of the different sets are shown to be independent.
Persistent link: https://www.econbiz.de/10008493086