Working Paper
Coalitions, power, and the FOMC
Abstract: The authors apply a notion of power, defined for coalitions, which is derived from the Shapley value. They calculate the power of coalitions within a 12-person committee meant to correspond to the FOMC.
https://doi.org/10.26509/frbc-wp-200103
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Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 2001
Number: 0103