Arbeitspapier
On the Measurement of Success and Satisfaction
The main purpose of the present paper is to disentangle the mix-up of the notions of success and satisfaction which is prevailing in the voting power literature. We demonstrate that both notions are conceptually distinct, and discuss their relationship and measurement. We show that satisfaction contains success as one component, and that both coincide under the canonical set-up of a simultaneous decision-making mechanism as it is predominant in the voting power literature. However, we provide two examples of sequential decision-making mechanisms in order to illustrate the difference between success and satisfaction. In the context of the discussion of both notions we also address their relationship to different types of luck.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 12-030/1
- Klassifikation
-
Wirtschaft
Game Theory and Bargaining Theory: Other
Institutions: Design, Formation, Operations, and Impact
Social Choice; Clubs; Committees; Associations
- Thema
-
success
satisfaction
luck
power
Abstimmungsregel
Macht
Zufriedenheit
Neue politische Ökonomie
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
van den Brink, René
Steffen, Frank
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
06.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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Objekttyp
- Arbeitspapier
Beteiligte
- van den Brink, René
- Steffen, Frank
- Tinbergen Institute
Entstanden
- 2012
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