Shapley-Shubik Index Formula:
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The Shapley-Shubik Index is a measure of the power of players in a weighted voting system. It calculates the probability that a player will be pivotal in changing the outcome of a vote when all possible orders of voting are considered equally likely.
The calculator uses the Shapley-Shubik formula:
Where:
Explanation: The index represents the fraction of all possible voting sequences in which a particular player is pivotal (their vote changes the outcome from losing to winning).
Details: The Shapley-Shubik Index is crucial for analyzing power distribution in voting systems, political science applications, corporate governance, and cooperative game theory to determine the relative influence of different players.
Tips: Enter the count of pivotal positions for a player and the total number of players. Both values must be non-negative integers with total players ≥ 1.
Q1: What is a pivotal position?
A: A player is pivotal in a voting sequence if their vote changes the outcome from losing to winning when added to the votes that come before them.
Q2: How is N! calculated?
A: N! (N factorial) is the product of all positive integers up to N. For example, 4! = 4 × 3 × 2 × 1 = 24.
Q3: What does the SSI value represent?
A: The SSI value represents the probability that a player will be pivotal when all voting orders are equally likely, ranging from 0 (no power) to 1 (absolute power).
Q4: When is the Shapley-Shubik Index used?
A: It's used in political science, economics, and game theory to analyze power distribution in voting systems, corporate boards, and international organizations.
Q5: How does SSI differ from other power indices?
A: Unlike the Banzhaf index which counts critical coalitions, SSI considers all possible orders of players and identifies pivotal positions in sequential voting.