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The idea as I’ve heard it is that with quadratic costs, you’ll end up with people voting in proportion to how much they care. If you care 3x as much as I do, yo
by 6gvONxR4sf7o 5y ago
The idea as I’ve heard it is that with quadratic costs, you’ll end up with people voting in proportion to how much they care. If you care 3x as much as I do, you’ll spend 3x as many votes on it.
- iainmerrick 5y agoThe idea seems to be that if you care 3x as much, you'll keep buying votes until the marginal cost of each new vote is 3x greater. The marginal cost is linear, the total cost is the integral of that which is quadratic. The fact that you have a finite budget, so you can't just arbitrarily keep buying votes until some threshold is met, seems like a big flaw in the argument.
- 6gvONxR4sf7o 5y agoYeah, the goal is to have number of votes voted be proportional to how much you care. I don't know how accurately that pans out when this is really used.