Hello Kleros community,
I would like to propose a modification that, in my perspective, might increase the overall fairness and effectiveness of our arbitration system.
Presently, a juror who has staked a substantial amount of PNK can be selected multiple times for the same dispute in different appeal rounds. This could potentially affect the impartiality of the dispute resolution process for two main reasons:
Economic Incentives: A juror who has voted a certain way in a previous round might feel compelled to vote the same way in subsequent rounds to avoid the potential loss associated with their initial staked PNK. This pressure might influence their decision-making, regardless of the new evidence presented.
Confirmation Bias: Alongside economic incentives, a psychological phenomenon known as ‘confirmation bias’ might play a role. A juror might unconsciously favor evidence that supports their initial decision while dismissing contrary evidence. This bias can potentially skew the juror’s perspective and thus affect the impartiality of their decision.
By considering both these factors, it becomes clear that repeated selection of the same juror for a specific dispute could introduce certain biases into the arbitration process.
Moreover, the proposed system could actually encourage broader participation by reducing the dominance of ‘whales’, i.e., those with significant PNK stakes, in the juror selection process. While a high-stake juror might still split their tokens to be selected multiple times, this would introduce additional friction and could serve as a limiting factor.
Of course, in the final appeal round, i.e., the General Court, we should maintain the current system where all jurors, including those who have previously voted on the case, can be selected. This is necessary to ensure a sufficient number of jurors for the final decision.
This is just a proposal for discussion, and I would love to hear your thoughts, critiques, and ideas. Your feedback is invaluable in shaping a more robust and fair arbitration system for Kleros.
Me and ChatGPT