Download This PaperThe Power of the Largest Player
7 Pages Posted: 13 Mar 2018
Date Written: March 13, 2018
Abstract
Decisions in a shareholder meeting or a legislative committee are often modeled as a weighted game. Influence of a member is then measured by a power index. A large variety of different indices has been introduced in the literature. This paper analyzes how power indices differ with respect to the largest possible power of a non-dictatorial player. It turns out that the considered set of power indices can be partitioned into two classes. This may serve as another indication which index to use in a given application.
Keywords: power measurement, weighted games
JEL Classification: C61, C71
Suggested Citation: Suggested Citation
Kurz, Sascha, The Power of the Largest Player (March 13, 2018). Available at SSRN: https://ssrn.com/abstract=3139316 or http://dx.doi.org/10.2139/ssrn.3139316
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