Quadratic Voting

Every voter receives an equal amount of vote credits per period. These vote credits could be used to “buy” multiple votes to influence a single decision. Every vote costs vote² vote credits (e.g. 2 votes cost 4 credits, 5 votes cost 25 credits) meaning that the marginal cost of “buying” votes grows exponentially. In this vein, voters need to manage their vote credits according to preference intensity.

Proponents: Eric Posner, Glen Weyl

For further interest on this topic:

https://www.radicalxchange.org/concepts/quadratic-voting/

Category:
Reason for intervention

Institutional impact

Governance level

Maturity

Radicality

Legitimacy decision

Background