Date
(2-1) Weighted Voting Systems
“Each State shall appoint a Number of Electors equal to the whole Number of Senators and Representatives to which the state may be entitled in the Congress.”
-- Article II, Section 1
US Constitution
Weighted Voting System:
Motion:
The Players:
The Weights:
The Quota:
Notation:
Basic Concepts in Weighted Voting:
Weighted Voting in a Partnership: Consider a 4-way partnership. The partners P1, P2, P3, and P4 own 8, 7, 3, and 2 shares respectively. They agree that they will each have one vote per share and that two-thirds of the partners votes are needed to pass a motion. Describe the weighted voting system.
One Partner - One Vote: Consider the same partnership with the quota = 19. Describe the weighted voting system. Is there anything unusual about this system?
Size of the Quota: Consider [10:8, 7, 3, 2] and [21:8, 7, 3, 2]
Dictator or Dummy: Consider [11: 12, 5, 4], [30: 10, 10, 10, 9] and [6: 4, 3, 2, 1].
Power of the Veto: Consider [12: 9, 5, 4, 2].
Ex. 1: Consider the weighted voting system [14: 8, 7, 3, 2].
a. Find the total number of players:
b. Find the total number of votes:
c. The weight of P3:
d. The minimum percentage of votes needed to pass a motion (rounded to the nearest whole percent):
Ex. 2: Identify which players, if any, are (i) dictators, (ii) dummies, or (iii) have veto power in each of the following weighted voting systems:
a. [6: 4, 2, 1]
b.) [15: 16, 8, 4, 1]
c.) [10: 4, 3, 2, 1]
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related searches
- stock price by date lookup
- year to date market performance 2019
- maturity date calculator
- calculate maturity date of loan
- cd maturity date calculator
- date to date time calculator
- subtract today s date from another date excel
- date to date duration calculator
- date from a date calculator
- calendar date to date calculator
- from date to date calculator
- character date to numeric date sas