Voting Power
Power index may refer to: * Banzhaf power index * Shapley–Shubik power index 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. The constituents of a voting system, such as legislative bodies, executives, shareholders, individual leg ...

Voting Interest
Voting interest (or voting power) in business and accounting means the total number, or percent, of votes entitled to be cast on the issue at the time the determination of voting power is made, excluding a vote which is contingent upon the happening of a condition or event which has not occurred at the time. Voting interest is one form of economic interest. Economic interests comprise all types and forms of investment vehicles that an investee could issue or be a party to, including equity securities; financial instruments with characteristics of equity, liabilities, or both; long-term debt and other debt-financing arrangements; leases; and contractual arrangements such as management contracts, service contracts, or intellectual property licenses. Non-voting interest Ownership of more than 50% of voting shares generally gives the right of control and consolidation. In special cases, control is possible without having to own more than 50% of voting stock. For example, if agreed ...
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Electoral Systems
An electoral or voting system is a set of rules used to determine the results of an election. Electoral systems are used in politics to elect governments, while non-political elections may take place in business, nonprofit organizations and informal organisations. These rules govern all aspects of the voting process: when elections occur, Suffrage, who is allowed to vote, Nomination rules, who can stand as a candidate, Voting method, how ballots are marked and cast, how the ballots are counted, how votes translate into the election outcome, limits on Campaign finance, campaign spending, and other factors that can affect the result. Political electoral systems are defined by constitutions and electoral laws, are typically conducted by election commissions, and can use multiple types of elections for different offices. Some electoral systems elect a single winner to a unique position, such as prime minister, president or governor, while others elect multiple winners, such as membe ...
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Weighted Voting
Weighted voting are voting rules that grant some voters a greater influence than others (which contrasts with rules that assign every voter an equal vote). Examples include publicly-traded companies (which typically grant stockholders one vote for each share they own), as well as the European Council, where the number of votes of each member state is roughly proportional to the square root of the population. Historical examples Ancient Rome The Roman assemblies provided for weighted voting after the person's tribal affiliation and social class (i.e. wealth). Rather than counting one vote per citizen, the assemblies convened in blocs (tribes or centuries), with the plurality of voters in each bloc deciding the vote of the bloc as an entity (which candidate to support or whether to favor or reject a law, for instance). Men of certain tribes and a higher social standing convened in smaller blocs, thus giving their individual vote the effect of many poor citizens' votes. ...
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Banzhaf Power Index
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 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. There are some algorithms for calculating the power index, e.g., dynamic programming techniques, enumeration methods and Monte Carlo methods. Examples Voting game Simple voting game A simple voting game, taken from ''Game Theory and Strategy'' by Philip D. Straffin: ; 4, 3, 2, 1 The ...
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