This authoritative and comprehensive reference work introduces the reader to the major concepts and leading contributors in the field of law and economics. The Companion features accessible, informative and provocative entries on all the significant areas and breaks new ground by bringing together widely dispersed but theoretically congruent ideas for the first time.
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Theory and Practice, Problems and Paradoxes
Dan S. Felsenthal and Moshé Machover
This book is the first of its kind: a monograph devoted to a systematic critical examination and exposition of the theory of a priori voting power. This important branch of social-choice theory overlaps with game theory and is concerned with the ability of members in bodies that make yes or no decisions by vote to affect the outcome. The book includes, among other topics, a reasoned distinction between two fundamental types of voting power, the authors' discoveries on the paradoxes of voting power, and a novel analysis of decision rules that admit abstention.