Publication detail

New Measure of Voting Power, AUCO-Czech Economic Review, vol. 1, No. 1, pp. 4-14

Author(s): † prof. RNDr. Ing. František Turnovec CSc.,
Type: Articles in refereed journals
Year: 2007
Number: 0
ISSN / ISBN: ISSN 1802-4696
Published in: AUCO-Czech Economic Review, 1, 2007, No. 1, pp. 4-14
Publishing place: Prague
Keywords: absolute power, cooperative games, decisive situation, I-power, pivot, power indices, P-power, relative power, swing
JEL codes: D710, D740
Suggested Citation: Turnovec, F. (2007), New Measure of Voting Power, AUCO-Czech Economic Review, vol. 1, No. 1, pp. 4-14
Grants: IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development
Abstract: During last two decades we observe a boom of power indices literature related to constitutional analysis of European Union institutions and distribution of intra-institutional and inter-institutional influence in the European Union decision making. Growing interest to power indices methodology leads also to reconsideration of the methodology itself. In this paper a new general a priori voting power measure is proposed distinguishing between absolute and relative power. This power measure covers traditional Shapley-Shubik and Penrose-Banzhaf power indices as its special cases.
Downloadable: 2007-1_1 Turnovec

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