Information for "Quadratic voting"

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Display titleQuadratic voting
Default sort keyQuadratic voting
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Page creatorBetterVotingAdvocacy (talk | contribs)
Date of page creation21:13, 22 April 2020
Latest editorRobLa (talk | contribs)
Date of latest edit22:00, 22 December 2021
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Quadratic voting is a collective decision-making procedure which involves individuals allocating votes to express the degree of their preferences, rather than just the direction of their preferences.[1] By doing so, quadratic voting seeks to address issues of voting paradox and majority rule. Quadratic voting works by allowing users to "pay" for additional votes on a given matter to express their support for given issues more strongly, resulting in voting outcomes that are aligned with the highest willingness to pay outcome, rather than just the outcome preferred by the majority regardless of the intensity of individual preferences. The payment for votes may be through either artificial or real currencies (e.g. with tokens distributed equally among voting members or with real money).[2][1] Quadratic voting is a variant of cumulative voting in the class of cardinal voting. It differs from cumulative voting by altering "the cost" and "the vote" relation from linear to quadratic.
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