A NEW CHARACTERIZATION OF THE BANZHAF INDEX OF POWER

Rana Barua, Satya Chakravarty and Sonali Roy ()
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Rana Barua: Statistics-Mathematics Unit, Indian Statistical Institute, Kolkata, India

International Game Theory Review (IGTR), 2005, vol. 07, issue 04, 545-553

Abstract: 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.

Keywords: Voting game; voting power; Banzhaf index; axioms; characterization; JEL Classification Numbers: C71; JEL Classification Numbers: D72; Primary: 91A06; Secondary: 91A40 (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (3)

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Working Paper: A New Characterization of the Banzhaf Index of Power (2007)
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DOI: 10.1142/S0219198905000703

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