Publication detail

Efficiency of Fairness in Voting Systems

Author(s): † prof. RNDr. Ing. František Turnovec CSc.,
Type: Articles in refereed journals
Year: 2008
Number: 0
ISSN / ISBN: 0943-0180
Published in: Homo Oeconomicus
Publishing place: Accedo Verlag, Munich
Keywords: Committee system, efficiency, fairness, fairness-efficiency matrix, indirect voting power, optimal quota, power indices, voting system
JEL codes: C71, D72, H77
Suggested Citation: Turnovec F. (2008), Efficiency of Fairness in Voting Systems. Homo Oeconomicus, vol. 25, No. 3-4, pp. 335-348.
Grants: IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development
Abstract: Fair representation of voters in a committee representing different voters’ groups is being broadly discussed during last few years. Assuming we know what the fair representation is, there exists a problem of optimal quota: given a “fair” distribution of voting weights, how to set up voting rule (quota) in such a way that distribution of relative a priori voting power is as close as possible to distribution of relative voting weights. Together with optimal quota problem a problem of trade-off between fairness and efficiency (ability of a voting body to change status quo) is formalized by a fairness-efficiency matrix
Downloadable: Efficiency of Fairness in Voting Systems

Partners

Deloitte

Sponsors

CRIF
McKinsey
Patria Finance