User Account

All Pages

Take a country named konowland that has an electoral

Assignment Help Business Economics
Reference no: EM13352273

Take a country named Konowland that has an Electoral College system. Suppose there are nine small states in Konowland that each have 1 million peopleinm. For simplicity, we will say that these ten states each have a population of 1. There is also one big state in Konowland that has a population that has a population of 6 (million).

Suppose the states with a population of 1 get a total of 2 votesin electoral college and the bigger state gets 7 votesin electoral college. So there are a total of 25 electoral votes to be won. A candidate needs to get 13 electoral votes to win the election.

Listing the different orderings and coalitions isn't going to work for this problem because there are too many possibilities, but you can use different tools that we have discussed in class.

a)Find the Shapley-Shubik power index for the large state and for the small states. Also find the power for the big state first by taking the position of the other states as given.

b)Find the Banzhaf power index for the large state and for the small states.
Also find the number of coalitions that win with 13 votes that each small state and the large state are critical for. Then find the number of coalitions that win with 14 votes that the different states are critical for, and so on.

c)Divide the Banzhaf power index by the number of votersin state. Are votersin small states or are votersin big state more powerful, according to this measure?

Now suppose we're in a different country (the United States of Earley (USE) where there are nine small states (population 1) and one big state with a population of 3. The big state has 4 electoral votes and the small states each have 2 electoral votes. So now there are a total of 22 electoral votes. Suppose that 12 electoral votes are needed to win election.

d)Find the Banzhaf power index for the large state and for the small states now.

e)Divide the Banzhaf power index by the number of votersin state. Are votersin small states or are votersin big state more powerful, according to this measure?

f)In Konowland, you should have found that each voterin big state has more power than each voter in a small state. In USE, you should have found that a voter in a small state has more power than a voterin big state. Explain the two forces that explain why in some circumstances, the big state can be more powerful, while in another circumstance, the big state is less powerful.

Reference no: EM13352273

Questions Cloud

Q1 used music cds rise in price from 7 to 8 and total : q1. used music cds rise in price from 7 to 8 and total revenue falls from 700 to 640.bull a. is the demand curve over
Q1 briefly discuss the impact of rational self-interest on : q.1. briefly discuss the impact of rational self-interest on each of the following decisionsa. whether to attend
Q1 mr sanchez makes an appointment to see his doctor for : q1. mr. sanchez makes an appointment to see his doctor for pain in his abdominal area. tests and x rays reveal kidney
Q assume you have been hired as a managing consultant by a : q. assume you have been hired as a managing consultant by a company to offer some advice that will help it make a
Take a country named konowland that has an electoral : take a country named konowland that has an electoral college system. suppose there are nine small states in konowland
Q1 archeologists discover skeletal remains of humanlike : q1. archeologists discover skeletal remains of humanlike animals in ethiopia. examination of the bones suggests that
Q1 visualize you are a manager for good or service used : q1. visualize you are a manager for good or service used. from results of the deterioration equation recommend
Q what differences in detail do you notice in freshly : q. what differences in detail do you notice in freshly prepared versus permanently mounted tissue? how did the steps of
Q1 cindy an overweight high school student is overheard : q1. cindy an overweight high school student is overheard telling her friend that she is going to research how she could

Reviews

Write a Review

Business Economics Questions & Answers

  Aggregate demand induced recession

Compare the effects of an aggregate-demand-induced recession with an aggregate-supply-induced recession.

  Where should you expand production

How does this alter the isocost and isoquant graph? Given these forecasts, where should you expand production?

  Economic principles of taxation

State two economic principles of taxation and which principle best justifies the excise tax on gasoline, when the tax revenue is used to maintain or improve the roads.

  What fully anticipated monetary expansion cause

expected profit from machine decreases. Rental cost/user cost of capital will decrease when: real interest rate falls. This fully anticipated monetary expansion will cause which of following to occur.

  Compute both burton cummings explicit costs every month

Compute both Burton Cummings's explicit costs every month also his implicit costs every month. Compute the opportunity cost of the resources utilized by Burton Cummings each month.

  What is the rate of inflation of the us dollar

What is the rate of inflation of the U.S. dollar is 5% and the rate of inflation of the Japanese yen is 2%. What is the percent change in the real $/Y exchange rate.

  Minimum rate of return she needs to earn

If Anne is planning to invest her loan in an asset which she hopes to turn a profit on, Illustrate what is the minimum rate of return she needs to earn.

  Explain how should firm produce in order to maximize profit

Explain how much should firm produce in order to maximize profit. Illustrate what is maximum profit that firm can generate at output level (your answer in a).

  Analyze the impact on price quantity demanded

Analyze the impact of this floor on price, quantity demanded and supplied. Would this price floor create a surplus or deficit of this product in the market?

  Elucidate the opportunity costs for the manager

Elucidate the opportunity costs for the manager of being in this business relative to returning to his old job. what is the economic profit of the business.

  Assumption of independence of risks

Why does the assumption of independence of risks matter in the examples of insurance.

  When does price ceiling become binding and what it create

Draw and show with boxes and appropriate labeling who bears which portion of taxes. When does a price ceiling become binding and what does it create? Show in the diagram.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd