The Seen and the Unseen - hosted by Amit Varma cover image

Ep 342: Vitalik Buterin Fights the Dragon-Tyrant

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Impossibility of Quadratic Voting

In traditional game theory, there is this implicit assumption that you have end players and the end players are basically talking to each other by sending messages into a black box. In quadratic voting, for example, it totally defeats Arrow's theorem, right? Why does it defeat it? Because well, it isn't just an A versus B versus C choice, it's continuous. You can say I'm going to make 2.7 votes for A, 3.4 votes for B, 0.5 for C, or maybe negative 0. 5 for C, right? And so the voting space is continuous and like it actually cares about like it makes a distinction between I slightly prefer A and

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