Analysis of the Voting Method used in the European Central Bank

Game theoreticians usually deal with standard voting methods such as plurality voting or approval voting. In reality however, some complicated non-standard voting methods are used. In this paper the voting method and rotation scheme have been presented used by the Governing Council of the European C...

Full description

Bibliographic Details
Main Author: Honorata Sosnowska
Format: Article
Language:English
Published: Wrocław University of Science and Technology 2013-01-01
Series:Operations Research and Decisions
Online Access:http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1054
id doaj-04d41901489d4ab6bce9d7a012dff88d
record_format Article
spelling doaj-04d41901489d4ab6bce9d7a012dff88d2020-11-24T23:37:58ZengWrocław University of Science and TechnologyOperations Research and Decisions2081-88582391-60602013-01-01vol. 23no. 17586171252399Analysis of the Voting Method used in the European Central BankHonorata Sosnowska0Warsaw School of Economics, PolandGame theoreticians usually deal with standard voting methods such as plurality voting or approval voting. In reality however, some complicated non-standard voting methods are used. In this paper the voting method and rotation scheme have been presented used by the Governing Council of the European Central Bank (ECB), as it enlarges to accommodate new members of the economic and monetary union. We present game theoretical approaches for analyzing this method and different methods of computing the Shapley value for games connected with voting under such rotation schemes. (original abstract)http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1054
collection DOAJ
language English
format Article
sources DOAJ
author Honorata Sosnowska
spellingShingle Honorata Sosnowska
Analysis of the Voting Method used in the European Central Bank
Operations Research and Decisions
author_facet Honorata Sosnowska
author_sort Honorata Sosnowska
title Analysis of the Voting Method used in the European Central Bank
title_short Analysis of the Voting Method used in the European Central Bank
title_full Analysis of the Voting Method used in the European Central Bank
title_fullStr Analysis of the Voting Method used in the European Central Bank
title_full_unstemmed Analysis of the Voting Method used in the European Central Bank
title_sort analysis of the voting method used in the european central bank
publisher Wrocław University of Science and Technology
series Operations Research and Decisions
issn 2081-8858
2391-6060
publishDate 2013-01-01
description Game theoreticians usually deal with standard voting methods such as plurality voting or approval voting. In reality however, some complicated non-standard voting methods are used. In this paper the voting method and rotation scheme have been presented used by the Governing Council of the European Central Bank (ECB), as it enlarges to accommodate new members of the economic and monetary union. We present game theoretical approaches for analyzing this method and different methods of computing the Shapley value for games connected with voting under such rotation schemes. (original abstract)
url http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1054
work_keys_str_mv AT honoratasosnowska analysisofthevotingmethodusedintheeuropeancentralbank
_version_ 1725518302661312512