Shapley-Shubik Index Formula:
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Definition: The Shapley-Shubik Power Index measures the power of each voter in a weighted voting system by calculating their likelihood of being pivotal.
Purpose: It helps analyze voting systems where voters may have different weights (like shareholders in a company or countries in international organizations).
The calculator uses the formula:
Where:
Explanation: For each possible ordering of voters, we identify the pivotal voter (the one whose addition reaches the quota). The SSI is the fraction of orderings where each voter is pivotal.
Details: Understanding power distribution helps design fair voting systems and analyze influence in collective decision-making processes.
Tips: Enter the number of voters, their weights (comma separated), and the quota (minimum votes needed to win). The calculator will show each voter's power index.
Q1: What does it mean to be a pivotal voter?
A: A voter is pivotal in an ordering if the votes of all preceding voters don't meet the quota, but adding this voter's weight does.
Q2: How is this different from Banzhaf power index?
A: Shapley-Shubik considers orderings of voters, while Banzhaf considers all possible coalitions without regard to order.
Q3: What's a typical application of this index?
A: It's used in political science, corporate governance, and game theory to analyze voting power distribution.
Q4: Does a higher weight always mean more power?
A: Not necessarily. The relationship between weight and power depends on the quota and other voters' weights.
Q5: What's the computational complexity?
A: The calculation grows factorially with the number of voters, so it's practical only for small numbers of voters.