Question
Consider the weighted voting system [q: 13, 7, 3]. a) Which values of q result in a dictator (list all possible values)? b) What is
Consider the weighted voting system [q: 13, 7, 3].
a) Which values of q result in a dictator (list all possible values)?
b) What is the smallest value for q that results in exactly one player with veto power who is not a dictator?
c) What is the smallest value for q that results in exactly two players with veto power?
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
