A decisiveness index for simple games

A decisiveness index for simple games

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Article ID: iaor2006315
Country: Netherlands
Volume: 163
Issue: 2
Start Page Number: 370
End Page Number: 387
Publication Date: Jun 2005
Journal: European Journal of Operational Research
Authors:
Keywords: voting
Abstract:

The decisiveness index introduced in this paper is designed to provide a normalized measure of the agility of all simple games, primarily viewed as collective decision-making mechanisms. We study the mathematical properties of the index and derive different axiomatic characterizations for it. Moreover, a close relationship is shown to the Banzhaf index of power – for which twice the decisiveness index plays the role of potential function – that gives rise to an effective computational procedure. Some real-world examples illustrate the usefulness of the decisiveness index, together with the Banzhaf power index, in applications to political science.

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