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A New Characterization of the Banzhaf Index of Power

Rana Barua, Satya Chakravarty and Sonali Roy ()

Staff General Research Papers Archive from Iowa State University, Department of Economics

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 (search for similar items in EconPapers)
Date: 2007-05-07
New Economics Papers: this item is included in nep-cdm and nep-gth
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Published in International Game Theory Review, December 2005, vol. 7 no. 4, pp. 545-553

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Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:12808

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