The voting process' quadratic character implies that voters can use their ballots more effectively by dispersing them among several concerns.
What is qudratic voting or Plural voting?
- In a collaborative decision-making process known as quadratic voting, participants assign votes to represent the magnitude of their preferences rather than just their direction.
- Compared to typical one-person, one-vote (1p1v) majority voting systems, quadratic voting is more likely (but not guaranteed) to provide economically efficient decisions.
- The area of game theory that deals with formulating a game's rules to increase the possibility that participants will arrive at a socially desirable result.
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