Producer heterogeneity and voting power in mandatory US agricultural marketing organisations
研究了美国强制性农业营销组织生产者公投中，成本异质性和市场势力如何影响投票权，提出了基于企业利润最大化理论的改进投票权衡量指标。
We consider how cost heterogeneity and market power affect voting power in producer referenda for mandatory agricultural marketing organisations with generic promotion programmes in the United States. We measure voting power using the Banzhaf Power Index and propose a new version of this index based on the profit-maximising theory of the firm that provides an improved estimate of voting power. Examining several types of demand shifts and voting rules, we find that both Banzhaf Power and our new measure vary considerably depending on the market structure and level of cost heterogeneity.