Average Weights and Power in Weighted Voting Games

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 t...

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Veröffentlicht in:arXiv.org 2020-05
Hauptverfasser: Boratyn, Daria, Kirsch, Werner, Słomczyński, Wojciech, Stolicki, Dariusz, Życzkowski, Karol
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Sprache:eng
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Zusammenfassung: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.
ISSN:2331-8422
DOI:10.48550/arxiv.1905.04261