Banzhaf Power Index Formula:
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The Banzhaf Power Index is a mathematical measure used in game theory and political science to calculate the power distribution among players in a weighted voting system. It quantifies how often a player's vote is critical to the outcome of a decision.
The calculator uses the Banzhaf Power Index formula:
Where:
Explanation: The index represents the probability that a player's vote will be decisive in changing the outcome of a vote.
Details: Understanding power distribution is crucial for analyzing voting systems, corporate governance, political coalitions, and any decision-making process where different players have varying levels of influence.
Tips: Enter the number of critical votes (count) and total number of players (N). Both values must be valid integers with critical votes ≤ total players.
Q1: What constitutes a "critical vote"?
A: A vote is critical if changing that vote from "yes" to "no" (or vice versa) would change the outcome of the decision.
Q2: How does Banzhaf differ from Shapley-Shubik?
A: While both measure voting power, Banzhaf counts all critical votes equally, while Shapley-Shubik considers the order in which players join coalitions.
Q3: What is a typical Banzhaf value range?
A: Values range from 0 (no power) to 1 (absolute power), with most players having values between these extremes.
Q4: When is the Banzhaf index most useful?
A: Particularly valuable for analyzing weighted voting systems like corporate boards, legislative bodies, and international organizations.
Q5: Are there limitations to this calculation?
A: The calculation assumes all coalitions are equally likely and doesn't account for political alliances or strategic voting behavior.