Optimizing the Efficiency of Weighted Voting Games

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Title:Optimizing the Efficiency of Weighted Voting Games
Creators:
Doležel, Pavel
Journal or Publication Title:
AUCO Czech Economic Review, 5, 3, pp. 306-324
Uncontrolled Keywords:Weighted voting game, integer programming, efficiency of voting, IAC models

Abstract

Having a group of voters endowed with weights, the simple weighted voting game (or system) represents a system of approving propositions in which the approved is only a proposition that is accepted by voters weighted to a number that is at least equal to a prescribed number called a quota. We call the system simple if there is only one set of weights and one quota, as opposed to the multi-rule systems that have more weights assigned to each voter and with more quotas. This paper presents an analysis of the efficiency of simple weighted voting systems. It assumes the Impartial Anonymous Culture (the probability of a single voter voting for a proposition is 1=2 and voters act independently). This culture is used for the general evaluationof voting systems, when no specific information about propositions and voters’ preferences are known, or when the voters’ preferences and proposition characteristics are not willing to be reflected in the voting system itself, keeping in mind its non-pragmatics, fairn ess and generality. The efficiency of a simple weighted voting system is defined as the probability of a proposition being approved. This paper focuses on efficiency maximization and minimization with respect to weights. We prove a theorem which enables the computing of the efficiency maximum and efficiency minimum with respect to weights, given the number of voters and quota in linear time.

Official URL: http://www.ceeol.com/aspx/issuedetails.aspx?issueid=7E149E32-0F26-4CDE-BBC4-E8BE11E6A73E&articleid=505E8CAB-41F9-4073-A0EB-424F2050616B

Title:Optimizing the Efficiency of Weighted Voting Games
Creators:
Doležel, Pavel
Uncontrolled Keywords:Weighted voting game, integer programming, efficiency of voting, IAC models
Subjects:H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HF Commerce
Divisions:Section of external journals > AUCO Czech Economic Review
Journal or Publication Title:AUCO Czech Economic Review
Volume:5
Number:3
Page Range:pp. 306-324
ISSN:1802-4696
Publisher:Charles University
Related URLs:
URLURL Type
http://auco.cuni.czPublisher
http://avi.lib.cas.cz/node/183Publisher
ID Code:6898
Item Type:Article
Deposited On:30 Nov 2011 16:21
Last Modified:30 Nov 2011 15:21

Citation

Doležel, Pavel (2011) Optimizing the Efficiency of Weighted Voting Games. AUCO Czech Economic Review, 5 (3). pp. 306-324. ISSN 1802-4696

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