Turnovec F. (2011), Fair Voting Rules in Committees, Strict Proportional Power and Optimal Quota.
| Author(s): | † prof. RNDr. Ing. František Turnovec CSc., |
|---|---|
| Type: | Articles in refereed journals |
| Year: | 2011 |
| Number: | 0 |
| ISSN / ISBN: | 0943-0180 |
| Published in: | Homo Oeconomicus |
| Publishing place: | Accedo Verlag, Munich |
| Keywords: | Simple weighted committee, fairness, optimal quota, strict proportional power, voting and power indices |
| JEL codes: | C71, D72, H77 |
| Suggested Citation: | Turnovec F. (2011), Fair Voting Rules in Committees, Strict Proportional Power and Optimal Quota. Homo Oeconomics, vol. 27, no. 4, pp. 463-480. |
| Grants: | GACR 402/09/1066: Political Economy of Voting Behavior: Rational Voter Theory and Models of Strategic Voting IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development |
| Abstract: | In simple weighted committees with a finite number of members, fixed weights and changing quota, there exist a finite number of different quota intervals of stable power with the same sets of winning coalitions for all quotas from each of them. If in a committee the sets of winning coalitions for different quotas are the same, then the power indices based on pivots, swings, or minimal winning coalitions are also the same for those quotas. If the fair distribution of voting weights is defined, then the fair distribution of voting power means to find a quota that minimizes the distance between relative voting weights and relative voting power (optimal quota). The problem of the optimal quota has an exact solution via the finite number of quotas from different intervals of stable power. |
| Downloadable: |
Homo Oeconomicus, vol. 27. No. 4, pp. 463-480. |
