Proximity in coalition building

Julien Reynaud, Fabien Lange (), Lukasz Gatarek () and Christian Thimann
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Lukasz Gatarek: European Central Bank

No 808, Working Paper Series from Óbuda University, Keleti Faculty of Business and Management

Abstract: Voting power methodology offers insights to understand coalition building in collective decision making. This paper proposes a new measure of voting power inspired from Banzhaf (1965) accounting for the proximity between voters by capturing how often they appear in winning coalitions together. Using this proximity index, we introduce a notion of relative linkages among coalition participants as determinant of coalition building. We propose an application to the governance structure of the International Monetary Fund, with linkages being represented by bilateral volumes of trade between voters. The results are able to explain several important features of the functioning of this particular voting body, and may be useful for other applications in international politics.

Keywords: voting power index; coalition building; International Monetary Fund; linkage; proximity (search for similar items in EconPapers)
JEL-codes: C71 F33 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2007, Revised 2008-07
New Economics Papers: this item is included in nep-cdm, nep-gth and nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Journal Article: Proximity in Coalition Building (2011)
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