Makes me sort of think of Ranked voting which is being implemented some places. You can see a little more about it here but basically you rank the candidates in order and if nobody reaches a majority you eliminate the last place guy and give his voters their 2nd choice. You repeat the process until you get a majority winner.
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Interesting, thanks for the link. Yeah this was just a random idea that I had the other day. I suppose that the more information you can provide in the ballot, the more optimized the outcome could be in terms of a type of game theory problem.