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Computer model of the Banzhaf power index from the Wolfram Demonstrations Project. The Banzhaf power index, named after John Banzhaf (originally invented by Lionel Penrose in 1946 and sometimes called Penrose–Banzhaf index; also known as the Banzhaf–Coleman index after James Samuel Coleman), is a power index defined by the probability of changing an outcome of a vote where voting rights ...
A player without any say in the outcome is a player without power. Consider the weighted voting system [8: 4, 4, 2, 1]. In this voting system, the voter with weight 2 seems like he has more power than the voter with weight 1, however the reality is that both voters have no power whatsoever (neither can affect the passing of a motion).
There are a number of methods which compute a voting power for different sized or weighted constituencies. The main ones are the Shapley–Shubik power index, the Banzhaf power index. These power indexes assume the constituencies can join up in any random way and approximate to the square root of the weighting as given by the Penrose method ...
John Francis Banzhaf III (/ ˈ b æ n z. h ɑː f /; [1] born July 2, 1940) is an American public interest lawyer, legal activist, and law professor at the George Washington University Law School. He is the founder of an antismoking advocacy group, Action on Smoking and Health . [ 2 ]
The Shapley–Shubik power index was formulated by Lloyd Shapley and Martin Shubik in 1954 to measure the powers of players in a voting game. [1]The constituents of a voting system, such as legislative bodies, executives, shareholders, individual legislators, and so forth, can be viewed as players in an n-player game.
Defense Secretary Pete Hegseth ordered the Pentagon to cut 8% of next year's defense budget – around $50 billion – from "low-impact and low-priority" Biden-era programs to redirect the funds ...
The analysis of the distribution of voting power under different voting rules in the EU Council often requires the use of complex computational methods that go beyond a mere calculation of vote share, such as the Shapley-Shubik index or the Banzhaf measure. [10]
The John W. Thompson Stock Index From January 2008 to December 2012, if you bought shares in companies when John W. Thompson joined the board, and sold them when he left, you would have a 1.1 percent return on your investment, compared to a -2.8 percent return from the S&P 500.