The Shapley–Owen Value and the Strength of Small Winsets: Predicting Central Tendencies and Degree of Dispersion in the Outcomes of Majority Rule Decision-Making
Scott L. Feld (),
Joseph Godfrey () and
Bernard Grofman ()
Additional contact information
Scott L. Feld: Purdue University
Joseph Godfrey: WinSet Group, LLC
Bernard Grofman: University of California
A chapter in Voting Power and Procedures, 2014, pp 289-308 from Springer
Abstract:
Abstract Drawing on insights about the geometric structure of majority rule spatial voting games with Euclidean preferences derived from the Shapley–Owen value (Shapley and Owen, Int J Game Theory 18:339–356, 1989), we seek to explain why the outcomes of experimental committee majority rule spatial voting games are overwhelmingly located within the uncovered set (Bianco et al., J Polit 68:837–50, 2006; Polit Anal 16:115-37, 2008). We suggest that it is not membership in the uncovered set, per se, that leads to some alternatives being much more likely to become final outcomes of majority decision-making than others, but the fact that alternatives differ in the size of their winsets. We show how winset size for any alternative is a function of its squared distance from the point with minimal win set, and how this point, referred to by Shapley and Owen (Int J Game Theory 18:339–356, 1989) as the strong point, is determined as a weighted average of voter ideal points weighted by their Shapley–Owen values. We show that, in experimental voting games, alternatives with small winsets are more likely to be proposed, more likely to beat a status quo, and are more likely to be accepted as the final outcome than alternatives with larger winsets.
Keywords: Majority Rule; Ideal Point; Coalition Formation; Strong Point; Experimental Game (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (1)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:stcchp:978-3-319-05158-1_16
Ordering information: This item can be ordered from
http://www.springer.com/9783319051581
DOI: 10.1007/978-3-319-05158-1_16
Access Statistics for this chapter
More chapters in Studies in Choice and Welfare from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().