Effectivity and power
Dominik Karos and
Games and Economic Behavior, 2018, vol. 108, issue C, 363-378
We axiomatically develop a class of power indices for effectivity functions, both for the case where the set of alternatives is finite and where it is infinite. Such power indices make it possible to take the issues under consideration into account, in contrast to power indices defined just for simple games. As an example, we consider the US legislative system. We also show that our approach can be used to develop power indices for spatial political games.
Keywords: Effectivity function; Power index (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
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Working Paper: Effectivity and Power (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:108:y:2018:i:c:p:363-378
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