Delegation and Participation in Decentralized Governance: An Epistemic View

Thu, Jun 19, 2025, 02:05 PM · 34:51

We develop and apply epistemic tests to various decentralized governance methods as well as to study the impact of participation. These tests probe the ability to reach a correct outcome when there is one. We find that partial abstention is a strong governance method from an epistemic standpoint compared to alternatives such as various forms of “transfer delegation” in which voters explicitly transfer some or all of their voting rights to others.