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The optimal mechanism varies with the distribution of stakes and information among voters, implying that QV\u2019s known advantages in preference aggregation do not readily extend to common-value information aggregation settings.<\/jats:p>\n                  <jats:p>This paper was accepted by Will Cong for the Special Issue on the Digital Finance.<\/jats:p>\n                  <jats:p>Supplemental Material: The online appendices are available at https:\/\/doi.org\/10.1287\/mnsc.2024.08469 .<\/jats:p>","DOI":"10.1287\/mnsc.2024.08469","type":"journal-article","created":{"date-parts":[[2025,11,3]],"date-time":"2025-11-03T16:30:50Z","timestamp":1762187450000},"page":"4597-4609","source":"Crossref","is-referenced-by-count":0,"title":["Balancing Power in Decentralized Governance: Quadratic Voting and Information Aggregation"],"prefix":"10.1287","volume":"72","author":[{"given":"Alon","family":"Benhaim","sequence":"first","affiliation":[{"name":"Department of Mathematics, University of Pennsylvania, Philadelphia, Pennsylvania 19104"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Brett Hemenway","family":"Falk","sequence":"additional","affiliation":[{"name":"Computer and Information Science Department, University of Pennsylvania, Philadelphia, Pennsylvania 19104"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"ORCID":"https:\/\/orcid.org\/0000-0003-2011-3646","authenticated-orcid":false,"given":"Gerry","family":"Tsoukalas","sequence":"additional","affiliation":[{"name":"Questrom School of Business, Boston University, Boston, Massachusetts 02215"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"109","reference":[{"key":"B1","unstructured":"Adida B (2006) Advances in cryptographic voting systems. 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