Weighted Banzhaf power and interaction indexes through weighted approximations of games
Jean-Luc Marichal and
Pierre Mathonet
European Journal of Operational Research, 2011, vol. 211, issue 2, 352-358
Abstract:
The Banzhaf power index was introduced in cooperative game theory to measure the real power of players in a game. The Banzhaf interaction index was then proposed to measure the interaction degree inside coalitions of players. It was shown that the power and interaction indexes can be obtained as solutions of a standard least squares approximation problem for pseudo-Boolean functions. Considering certain weighted versions of this approximation problem, we define a class of weighted interaction indexes that generalize the Banzhaf interaction index. We show that these indexes define a subclass of the family of probabilistic interaction indexes and study their most important properties. Finally, we give an interpretation of the Banzhaf and Shapley interaction indexes as centers of mass of this subclass of interaction indexes.
Keywords: Cooperative; game; Pseudo-Boolean; function; Power; index; Interaction; index; Least; squares; approximation (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:211:y:2011:i:2:p:352-358
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