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Coleman [1971. Control of collectives and the power of a collectivity to act. In: Lieberman, B. (Ed.), Social Choice. Gordon and Breach, New York, pp. 269ï¾–298] suggested two indices of voting power, power to prevent an action and power to initiate an action. This paper rigorously...
Persistent link: https://www.econbiz.de/10005433215
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/10005441666