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Power Indices and Coalition Formation (Paperback, Softcover reprint of hardcover 1st ed. 2001)
Loot Price: R4,471
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Power Indices and Coalition Formation (Paperback, Softcover reprint of hardcover 1st ed. 2001)
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In recent years, publications on power indices and coalition
formation have multiplied. Obviously, the application of these
concepts to political institutions, more specifically, to the
analysis of the European Union and, as it seems, the election of
the President of the United States is getting more and more
popular. There are, however, also new theoretical instruments and
perspectives that support these applications: First of all, the
probabilistic model of coalition formation has to be mentioned
which is made operational by the multilinear extension of the
characteristic function form of coalition games. This instrument
triggered off a reinterpretation of existing power indices and the
formulation of new indices. This development is accompanied by an
intensive discussion of the concept of power in general - what do
we measure when we apply power measures? - and the properties that
an adequate measure of power has to satisfy. Various concepts of
monotonicity were proposed as litmus test. The discussion shows
that the underlying theories of coalition formation play a decisive
role. New results will be discussed in this volume. Its
contributions put flesh and blood on the theoretical innovations
and their applications that led to a growing interest in power
indices and coalition formation.
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