Preference Intensity

Definition ∞ Preference intensity measures the strength or degree of an individual’s desire for a particular outcome or option. Unlike simple preference, which only indicates a choice, intensity quantifies how strongly that choice is held. This concept is relevant in economic models and voting systems where not all preferences are equally valued.
Context ∞ In decentralized governance models, preference intensity is a key consideration when designing voting mechanisms that aim to move beyond simple one-token-one-vote systems. News reports might discuss innovative approaches, such as quadratic voting, which attempt to account for how strongly a participant feels about a proposal by making higher votes progressively more expensive. Addressing preference intensity seeks to improve the fairness and legitimacy of collective decisions within blockchain communities.