TY - GEN
T1 - Agent-Based Models of Quadratic Voting
AU - Kelter, Jacob
AU - Bugler, Andreas
AU - Wilensky, Uri
N1 - Publisher Copyright:
© 2021, The Author(s), under exclusive license to Springer Nature Switzerland AG.
PY - 2021
Y1 - 2021
N2 - A democracy must have a voting system, and there are multiple to choose from. None is perfect, each with strengths and limitations, depending on prevailing conditions. In this paper, we compare a recently proposed voting system, called quadratic voting (QV), with the more common majority rule system. There are many metrics that can be used to evaluate a voting system. A common one is to measure the “population welfare” resulting from a vote, defined as the sum of each individual’s welfare. An individual who benefited from the outcome has a positive welfare and one who was harmed has a negative welfare, with the magnitude determined by the amount of benefit or harm.
AB - A democracy must have a voting system, and there are multiple to choose from. None is perfect, each with strengths and limitations, depending on prevailing conditions. In this paper, we compare a recently proposed voting system, called quadratic voting (QV), with the more common majority rule system. There are many metrics that can be used to evaluate a voting system. A common one is to measure the “population welfare” resulting from a vote, defined as the sum of each individual’s welfare. An individual who benefited from the outcome has a positive welfare and one who was harmed has a negative welfare, with the magnitude determined by the amount of benefit or harm.
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U2 - 10.1007/978-3-030-83418-0_8
DO - 10.1007/978-3-030-83418-0_8
M3 - Conference contribution
AN - SCOPUS:85123296107
SN - 9783030834173
T3 - Springer Proceedings in Complexity
SP - 131
EP - 142
BT - Proceedings of the 2020 Conference of The Computational Social Science Society of the Americas
A2 - Yang, Zining
A2 - von Briesen, Elizabeth
PB - Springer Science and Business Media B.V.
ER -