Please login to vote

Ideas




Agree 0 Disagree 0

Different amounts of votes could be bought in elections

By Hicbd
Thu Oct 6 2016 2:11 am

"Quadratic voting is a procedure that a group of people can use to jointly choose a collective good for themselves. Each person can buy votes for or against a proposal by paying into a fund the square of the number of votes that he or she buys. The money is then returned to voters on a per capita basis." This is thought to be better for aggregate welfare in that it prevents "tyranny of the majority (in which) a large number of people who care only a little about an outcome prevail over a minority that cares passionately."

URL:
http://freakonomics.com/podcast/idea-must-die-election-edition/
http://www.law.uchicago.edu/faculty/research/eric-posner-quadratic-vote-buying-efficient-corporate-governance/qanda
http://ericposner.com/quadratic-voting/

URL Credit


Categories:
Government Voting Elections Political Polarization Corporate Governance

----------------------------------------------------------

Please login to comment


Share on Facebook

Share on Twitter

Add to Favorites