Ranked voting is an electoral system where voters rank candidates in order of preference rather than selecting just one. This method allows voters to express their preferences more fully, which can lead to a more representative outcome. If no candidate receives a majority of first-choice votes, the candidate with the fewest votes is eliminated, and their votes are redistributed to the remaining candidates based on the voters' next preferences. This process continues until a candidate achieves a majority. Ranked voting is used in various elections, including some local elections in the United States and in countries like Australia and Ireland. It aims to reduce the impact of vote-splitting and encourage more diverse candidates.