Word: instantism
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Voters using the process, known as “instant-runoff voting,” list presidential tickets in order of preference. The first-choice votes are tallied, and a ticket that holds a majority of these votes is declared the winner...
...Instant-runoff voting—which has its origins in a system developed in the 1850s by Thomas Hare of England and Carl Andrae of Denmark—is advantageous because voters are free to choose more marginal candidates who may not have the strongest chance at winning. Under a standard plurality voting system, voters are often pressured to choose mainstream candidates for fear that their votes would be wasted on less viable candidates...
...instant-runoff system also ensures that the candidate who ultimately wins the election ends up with a majority of the votes, increasing the legitimacy of the winning ticket...
...system comes with disadvantages as well, principally that instant-runoff voting is often difficult to understand and may confuse voters...
...most jurisdictions, implementing an instant-runoff scheme is more expensive and time-consuming because it requires multiple simulated runoffs. This drawback is not a critical concern for the UC, however, as the adoption of electronic voting has made the council’s elections easy to administer...