Power in Liquid Democracy: A Network Centrality Approach

Abstract

This paper develops a computationally tractable framework for measuring voters'power in collective decision-making platforms that support transitive and suspendable delegations---commonly known as liquid democracy. We employ Random Walk Decay centrality to capture how influence propagates through delegation networks, argue for its intuitive appeal in this context and its advantages over alternatives such as PageRank, and derive a natural axiomatic characterization within the class of power metrics. Moreover, we conceptualize how the framework can be extended into a practical tool for analyzing power distributions in such platforms, and propose and study, both axiomatically and algorithmically, methods for selecting representative slates of influential participants.