Banzhaf value for games analyzing voting with rotation
Journal Title: Operations Research and Decisions - Year 2014, Vol 24, Issue 4
Abstract
The voting procedure has been presented with rotation scheme used by the Governing Council of the European Central Bank as it enlarges to accommodate new members of the economic and monetary union. The main game theoretical approaches have been presented elsewhere. That paper considered the Shapley value computed in accordance with these approaches. The Banzhaf value has been analysed and the results compared with the results for the Shapley value.
Authors and Affiliations
Honorata Sosnowska
Credit risk mangement in finance - a review of various approaches
Classification of customers of banks and financial institutions is an important task in today’s business world. Reducing the number of loans granted to companies of questionable credibility can positively influence banks...
Comparison of the Gini and Zenga indexes using some theoretical income distributions abstract
The most common measure of inequality used in scientific research is the Gini index. In 2007, Zenga proposed a new index of inequality that has all the appropriate properties of an measure of equality. In this paper, we...
Opinion formation in social networks
A number of selected works on the dynamics of opinions and beliefs in social networks has been discussed. Both Bayesian and non-Bayesian approaches to social learning have been considered, but the analysis has been focus...
Analysis of the voting method used in the European Central Bank
Game theoreticians usually deal with standard voting methods such as plurality voting or approval voting. In reality however, some complicated non-standard voting methods are used. In this paper the voting method and rot...
A study on the influence of the discretisation unit on the effectiveness of modelling currency exchange rates using the binary-temporal representation
An exchange rate can be expressed in the form of a binary-temporal representation. Such a representation is based on a discretization of movements in the exchange rate, in which to each change in the value - equal to a g...