Publication detail

New Measure of Voting Power

Author(s): † prof. RNDr. Ing. František Turnovec CSc.,
Type: IES Working Papers
Year: 2005
Number: 0
ISSN / ISBN:
Published in: IES Working Paper Series, WP 69, 19 pp.
Publishing place: IES FSV UK, Prague
Keywords:
JEL codes:
Suggested Citation:
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.

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