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I am pretty sure it uses the long formula, or at least as much of it as possible, given that all of the inputs may not be available. At the individual player level, you can see in the data file the it calculates multiple Runs Created formulas which appear to then be adjusted based on team Runs Created. From memory, that is part of the long formula process.
Unfortunately, the Win Shares calculations are part of cato's code and not done in Access like many of the other calculations. So, I can't see exactly what it is doing. Maybe one of the programmers out there can peek at the code.
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