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Average weights and power in weighted voting games.

Authors :
Boratyn, Daria
Kirsch, Werner
Słomczyński, Wojciech
Stolicki, Dariusz
Życzkowski, Karol
Source :
Mathematical Social Sciences. Nov2020, Vol. 108, p90-99. 10p.
Publication Year :
2020

Abstract

We investigate a class of weighted voting games for which weights are randomly distributed over the standard probability simplex. We provide close-formed formulae for the expectation and density of the distribution of weight of the k -th largest player under the uniform distribution. We analyze the average voting power of the k -th largest player and its dependence on the quota, obtaining analytical and numerical results for small values of n and a general theorem about the functional form of the relation between the average Penrose–Banzhaf power index and the quota for the uniform measure on the simplex. We also analyze the power of a collectivity to act (Coleman efficiency index) of random weighted voting games, obtaining analytical upper bounds therefor. [ABSTRACT FROM AUTHOR]

Subjects

Subjects :
*GAMES
*ORDER statistics

Details

Language :
English
ISSN :
01654896
Volume :
108
Database :
Academic Search Index
Journal :
Mathematical Social Sciences
Publication Type :
Academic Journal
Accession number :
146909556
Full Text :
https://doi.org/10.1016/j.mathsocsci.2020.04.002