This paper argues that previous empirical work on the explanation for Hong Kong's export Growth, by focusing on the values of the estimated price and income elasticities, has failed to provide a full account. It is necessarily also to look at changes in the explanatory variables in the model,...

In general in organizations whose system of governance involves weighted majority voting, power and voting weight differ. Power indices are a value concept for majority voting games which provide a means of analyzing this difference. This paper provides new algorithms for computing the two...

This paper compares the theoretical bases of the Shapley-Shubik and Banzhaf indices of voting power for a legislature with weighted voting. Definitions based on probabilistic-voting assumptions, useful both as behavioral descriptions and for computation in empirical applications, are compared in...

Voting Power Indices enable the analysis of the distribution of power in a legislature or voting body which uses weighted voting. Although the approach, based on co-operative game theory, has been known for a long time it has not been very widely applied, in part because of the difficulty of...

The pattern of ownership and control of British industry compared with most other countries in that ownership is relatively dispersed. Typically the largest shareholder in any large listed company is likely to own a voting minority of the shares. Majority ownership by a single shareholder is...