Abstract
Weighted voting games (WVGs) are a class of cooperative games that capture settings of group decision making in various domains, such as parliaments or committees. Earlier work has revealed that the effective decision making power, or influence of agents in WVGs is not necessarily proportional to their weight. This gave rise to measures of influence for WVGs. However, recent work in the algorithmic game theory community have shown that computing agent voting power is computationally intractable. In an effort to characterize WVG instances for which polynomial-time computation of voting power is possible, several classes of WVGs have been proposed and analyzed in the literature. One of the most prominent of these are super increasing weight sequences. Recent papers show that when agent weights are super-increasing, it is possible to compute the agents’ voting power (as measured by the Shapley value) in polynomial-time. We provide the first set of explicit closed-form formulas for the Shapley value for super-increasing sequences. We bound the effects of changes to the quota, and relate the behavior of voting power to a novel function. This set of results constitutes a complete characterization of the Shapley value in weighted voting games, and answers a number of open questions presented in previous work.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.