<a title="By Topher0128 at English Wikipedia [Public domain], via Wikimedia Commons" href="https://commons.wikimedia.org/wiki/File%3AEffect_of_a_Price_Floor.png"><img width="256" alt="Effect of a Price Floor" src="https://upload.wikimedia.org/wikipedia/commons/b/b6/Effect_of_a_Price_Floor.png"/></a>
By Topher0128 at English Wikipedia [Public domain], via Wikimedia Commons

Should the total Steem amount rewarded to an account be used for auto voting algorithms?
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> In economics, the wage ratio refers to the ratio of the top salaries in a group (company, city, country, etc.) to the bottom salaries. It is a measure of wage dispersion.



Many complain about auto votes because some posters abuse it. In essence some supporters of Steem prefer pareto optimal flow of Steem rewards. In my opinion based on my internal calculations it is possible to use auto-voting to balance the upvotes and downvotes in such a way that no specific account gets over paid. This would give all accounts roughly a similar level of reward potential from the reward pool rendering abuse by known accounts impossible.


- It would remain possible for account holders to create new accounts and start again but they would have to build a new reputation.
- Auto vote algorithms which are aware of the total amount of rewards over time an account has received can adjust to right the wrong for accounts which have been on Steem for a long period of time but which have received a below average amount of total rewards.
- All of this is possible by creating a scoring criteria on a per account basis which tracks which accounts have received more than their "fair share" of the reward pool over some agreed upon period of time.

> A maximum wage, also often called a wage ceiling, is a legal limit on how much income an individual can earn.[1] It is a prescribed limitation which can be used to affect change in an economic structure, but its effects are unrelated to the benefits of minimum wage laws used currently by some states to enforce minimum earnings.[2] A maximum wage does not directly redistribute wealth, but it does limit the nominal income of specific workers within a society.

In my opinion these solutions work better than to doom accounts for posting frequency. An account with a high posting frequency may in fact be receiving low or lower than average rewards per post. Even if we look at rewards on a weekly basis it does not reveal necessarily the monthly or yearly rewards, so if there is to be an agreed upon cap or percentage balance then this will require the bots working with better algorithms.

I also think these solutions work better than to discourage posters from contributing. The bots can become smarter and simply avoid upvoting the accounts deemed over paid. Thoughts?

References
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1. https://en.wikipedia.org/wiki/Wage_ratio
2. https://www.cnn.com/2013/11/21/opinion/sutter-swiss-executive-pay/index.html
3. https://en.wikipedia.org/wiki/Maximum_wage

Related post
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- [If you're so smart why aren't you rich? [Answer finally revealed]](https://steemit.com/steem/@dana-edwards/an-algorithmic-solution-to-reward-pool-abuse-from-autovote-bots).