Warsaw Economic Seminars

WES

Hour: 17.30 Date: April, 9th (Thursday) 2015 Place: Room 460G, SGH

Values for Games Analyzing Voting with Rotation Honorata Sosonowska Warsaw School of Economics

Abstract: Game theoreticians usually deal with some standard voting methods such as plurality voting or approval voting. In reality however, some non standard complicated voting methods are used. In this paper we shall present the voting method 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. We present game theory approaches to this method and different methods of computing the Shapley and the Banzhaf values for games analyzing voting with rotation. The properties of the values are considered.

Keywords:

voting, EBC, Shapley value, Banzhaf value

Warsaw Economic Seminars organized by Warsaw School of Economics & Faculty of Economics, University of Warsaw & Institute of Economics of the Polish Academy of Sciences www: https://sites.google.com/site/warsaweconseminars/ e-mail: [email protected].