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Determining the power distribution of the members of a shareholder meeting or a legislative committee is a well-known problem for many applications. In some cases it turns out that power is nearly proportional to relative voting weights, which is very beneficial for both theoretical...
Persistent link: https://www.econbiz.de/10014116653
This paper studies power indices based on average representations of a weighted game. If restricted to account for the lack of power of dummy voters, average representations become coherent measures of voting power, with power distributions being proportional to the distribution of weights in...
Persistent link: https://www.econbiz.de/10014134939
We study the optimal control problem of minimizing the convergence time in the discrete Hegselmann-Krause model of opinion dynamics. The underlying model is extended with a set of strategic agents that can freely place their opinion at every time step. Indeed, if suitably coordinated, the...
Persistent link: https://www.econbiz.de/10014140618
It is well known that the Penrose-Banzhaf index of a weighted game can differ starkly from corresponding weights. Limit results are quite the opposite, i.e., under certain conditions the power distribution approaches the weight distribution. Here we provide parametric examples that give...
Persistent link: https://www.econbiz.de/10012913167
We consider the well-known one dimensional cutting stock problem (1CSP). Based on the pattern structure of the classical ILP formulation of Gilmore and Gomory, we can decompose the infinite set of 1CSP instances, with a fixed demand n, into a finite number of equivalence classes. We show up a...
Persistent link: https://www.econbiz.de/10013053629
We discuss possible criteria that may qualify or disqualify power indices for applications. Instead of providing final answers we merely ask questions that are relevant from our point of view and summarize some material from the literature
Persistent link: https://www.econbiz.de/10012896803
A weighted game or a threshold function in general admits different weighted representations even if the sum of non-negative weights is fixed to one. Here we study bounds for the diameter of the corresponding weight polytope. It turns out that the diameter can be upper bounded in terms of the...
Persistent link: https://www.econbiz.de/10012898553
Important decisions are likely made by groups of agents. Thus group decision making is very common in practice. Very transparent group aggregating rules are given by weighted voting, where each agent is assigned a weight. Here a proposal is accepted if the sum of the weights of the supporting...
Persistent link: https://www.econbiz.de/10013061313
Incorporating fairness criteria in optimization problems comes at a certain cost, which is measured by the so-called price of fairness. Here we consider the allocation of indivisible goods. For envy-freeness as fairness criterion it is known from the literature that the price of fairness can...
Persistent link: https://www.econbiz.de/10012926807
Persistent link: https://www.econbiz.de/10009718925