Using MACBETH to determine utilities of governments to parties in coalition formation

Using MACBETH to determine utilities of governments to parties in coalition formation

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Article ID: iaor20083920
Country: Netherlands
Volume: 172
Issue: 2
Start Page Number: 588
End Page Number: 603
Publication Date: Jul 2006
Journal: European Journal of Operational Research
Authors: , ,
Keywords: game theory
Abstract:

In the paper, we present an application of the MACBETH approach to a certain model of coalition formation. We apply the MACBETH technique to quantify the attractiveness and repulsiveness of possible governments to parties. We use this method to calculate the utilities of governments to parties. Based on these utilities, stable governments are determined. In the paper, an adequate example is presented.

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