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In the figure below, we see that traditional one-person-one-vote (1p1v) majority voting results in an inefficient majority yes vote (two in favor, one opposed).
In the figure below, we see that traditional one-person-one-vote (1p1v) majority voting results in an inefficient majority "yes" vote (two in favor, one opposed). Let's see whether the outcome is better under quadratic voting. (Note: When answering the questions below, assume a quadratic voting system. Also assume that the amounts shown in the figure reflect the value of the benefits of a proposed public good to each individual voter. And, assume that if the vote passes, each voter will be required to pay $300 in additional taxes.) Voting Outcomes 600 500 Benefit; Tax 300 000 400 200 100 350 300
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