Banzhaf Power Index

The Banzhaf power index, named after John F. Banzhaf III (originally invented by Lionel Penrose in 1946 and sometimes called Penrose–Banzhaf index), is a power index defined by the probability of changing an outcome of a vote where voting rights are not necessarily equally divided among the voters or shareholders.

To calculate the power of a voter using the Banzhaf index, list all the winning coalitions, then count the critical voters. A critical voter is a voter who, if he changed his vote from yes to no, would cause the measure to fail. A voter's power is measured as the fraction of all swing votes that he could cast.

The index is also known as the Banzhaf–Coleman index after James Samuel Coleman or the Penrose–Banzhaf index.

Read more about Banzhaf Power Index:  Examples, History

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