Issue: 2014/Vol.24/No.4, Pages 75-88
BANZHAF VALUE FOR GAMES ANALYZING VOTING WITH ROTATION
Honorata Sosnowska
Cite as: H. Sosnowska. Banzhaf value for games analyzing voting with rotation. Operations Research and Decisions 2014: 24(4), 75-88. DOI 10.5277/ord140406
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.
Keywords: voting, European Central Bank, Shapley value, Banzhaf value
Received: 5 October 2014 Accepted: 17 December 2014