Decision-Making in Committees: Game-Theoretic Analysis by Nicola Friederike Maaser

By Nicola Friederike Maaser

Political and financial associations are usually ruled via committees that face the problem to reconcile the personal tastes in their individuals. How may still selection ideas be designed to generate reasonable and sustainable agreements, for instance if committee participants signify teams of alternative sizes? This publication makes use of game-theoretic techniques and types to handle the difficulty of political decision-making procedures. as well as delivering a survey on simple game-theoretic instruments within the research of political judgements, the writer appears at particular concerns resembling two-tiered balloting structures or the impression of lobbyists on legislative committees, and exhibits how the types might be utilized to real-world contexts equivalent to the european decision-making institutions.

Show description

Read or Download Decision-Making in Committees: Game-Theoretic Analysis PDF

Similar game theory books

Differential Games: A Mathematical Theory with Applications to Warfare and Pursuit, Control and Optimization

Filenote: PDF retail from EBL. Publisher/EBL seem to have created it via taking their great epub and switched over to PDF instead of the common attractive PDF imprint.
Publish yr notice: First released in 1999 by means of Dover Publications

One of the definitive works in video game idea, this quantity takes an unique and professional examine clash recommendations. Drawing on online game idea, the calculus of adaptations, and regulate thought, the writer solves an awesome array of difficulties on the subject of army occasions, pursuit and evasion strategies, athletic contests, and lots of extra.

Clearly precise examples; a number of calculations.

Social Choice and Strategic Decisions: Essays in Honor of Jeffrey S. Banks (Studies in Choice and Welfare)

Social offerings, approximately charges on govt courses, or approximately public coverage extra greatly, or certainly from any a possibility set of choices, are decided through politics. This publication is a suite of essays that tie jointly the fields spanned by means of Jeffrey S. Banks' study in this topic. It examines the strategic facets of political decision-making, together with the alternatives of electorate in committees, the location of applicants in electoral campaigns, and the habit of events in legislatures.

Schelling's Game Theory: How to Make Decisions

Thomas Schelling, who wrote the foreword for this booklet, received the Nobel Prize in economics for "having superior our knowing of clash and cooperation via game-theory research. " This got here after he had taught a path in online game thought and rational option to complicated scholars and executive officers for forty five years.

Additional resources for Decision-Making in Committees: Game-Theoretic Analysis

Sample text

2)) under the voting rule in use ()),39 and (b) that nonnull players can expect to receive strictly more than their status quo payoffs ((). 39 As is common practice in the literature, the terms ‘null player’ and ‘dummy player’ are used interchangeably here and refer to players whose marginal contribution is null with respect to every coalition. fi g/ D 0 (see Roth, 1988, p. 23). B; W/ D di . 15) for some function ' W W ! B/ is the asymmetric Nash bargaining solution, introduced by Kalai (1977), with weights determined by '.

The median voter theorem states a sufficient condition, one-dimensionality and single-peakedness, for the existence of an undominated outcome – the median ideal point (or a closed interval of median points if the number of voters is even) – under 19 The absence of value consensus is expressed in Arrow’s axiom of ‘unrestricted domain’. N /. Conditions (a) and (b) express individual rationality and efficiency, respectively. 21 In Arrow’s 1963[1951] model, individuals have binary preference relations over a finite set of alternatives, which are assumed to satisfy the usual consistency conditions such as reflexivity, transitivity, and completeness.

One criticism, advanced most prominently by Garrett and Tsebelis (1996, 1999), concerns the fact that power indices disregard players’ preferences (for replies see, for example, Holler and Widgr´en, 1999; Steunenberg et al. 1999; Napel and Widgr´en, 2004). Whilst this point is rather easily countered by pointing to the intended use of the indices for a priori analysis, a second criticism by Garrett and Tsebelis, namely that power indices do not take into account relevant features of the decision-making situation, is far more applicable.

Download PDF sample

Rated 4.90 of 5 – based on 32 votes