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Glen Weyl & Cris Moore on Plurality, Governance, and Decentralized Society (EPE 05)

COMPLEXITY

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The Application of Quadratic Voting to Countries

The quadratic rule was developed by Lionel Penrose, the father of Roger Penrose. It says that if you want to give a certain amount of power to different people it's important that you not give votes in proportion to that power. The statistical explanation is that uncorrelated signals grow only as the square root of their aggregate size because they on average cancel each other out. And this is something that shows up in acoustics all the time.

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