Quadratic voting

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Social choice and electoral systems
Social choice Mechanism design Comparative politics Comparison List (By country)
Single-winner methods Single vote - plurality methods First preference plurality (FPP) Two-round (US: Jungle primary) Partisan primary Instant-runoff UK: Alternative vote (AV) US: Ranked-choice (RCV) Condorcet methods Condorcet-IRV Round-robin voting Minimax Schulze Ranked pairs Maximal lottery Positional voting Plurality (el. IRV) Borda count (el. Baldwin) Antiplurality (el. Coombs) Cardinal voting Score voting Approval voting Majority judgment STAR voting
Proportional representation Party-list Apportionment Highest averages Largest remainders National remnant Biproportional List type Closed list Open list Panachage List-free PR Localized list Quota-remainder methods Hare STV Schulze STV CPO-STV Quota Borda Approval-based committees Thiele's method Phragmen's method Expanding approvals rule Method of equal shares Fractional social choice Direct representation Interactive representation Liquid democracy Fractional approval voting Maximal lottery Random ballot Semi-proportional representation Cumulative SNTV Limited voting
Mixed systems By results of combination Mixed-member majoritarian Mixed-member proportional By mechanism of combination Non-compensatory Parallel (superposition) Coexistence Conditional Fusion (majority bonus) Compensatory Seat linkage system UK: 'AMS' NZ: 'MMP' Vote linkage system Negative vote transfer Mixed ballot Supermixed systems Dual-member proportional Rural–urban proportional Majority jackpot By ballot type Single vote Double simultaneous vote Dual-vote
Paradoxes and pathologies Spoiler effects Spoiler effect Cloning paradox Frustrated majorities paradox Center squeeze Pathological response Perverse response Best-is-worst paradox No-show paradox Multiple districts paradox Strategic voting Lesser evil voting Exaggeration Truncation Turkey-raising Paradoxes of majority rule Tyranny of the majority Discursive dilemma Conflicting majorities paradox
Social and collective choice Impossibility theorems Arrow's theorem Majority impossibility Moulin's impossibility theorem McKelvey–Schofield chaos theorem Gibbard's theorem Positive results Median voter theorem Condorcet's jury theorem May's theorem Condorcet dominance theorems Harsanyi's utilitarian theorem VCG mechanism Quadratic voting
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Quadratic voting is a voting system that encourages voters to express their true relative intensity of preference between multiple options or elections.^[1] By doing so, quadratic voting seeks to mitigate tyranny of the majority by enabling participants to trade influence over issues they don't care about for influence over issues they do.

Quadratic voting works by having voters allocate "credits" (which are either real currencies or artificially distributed tokens) to various issues. The number of votes to add is determined by a quadratic cost function, meaning that to vote ${\displaystyle n}$ times for a given option, ${\displaystyle n^{2}}$credits are required to be allocated (for example, 3 votes would cost 9 credits).^[2] Because the quadratic cost function makes each additional vote more expensive, voters are incentivized to allocate their credits to reflect their true relative preferences between different options, as opposed to previous proposals for storable votes where voters may choose to allocate all their votes to a single cause and not accurately represent their true preferences.^[3]