  Limited Voting (LV) is an approval-based method for multi-winner elections
where all ballots are required to have a same fixed size. While it appears to
be used as voting method in corporate governance and has some political
applications, to the best of our knowledge, no formal analysis of the rule
exists to date. We provide such an analysis here, prompted by a request for
advice about this voting rule by a health insurance company in the Netherlands,
which uses it to elect its work council. We study conditions under which LV
would improve representation over standard approval voting and when it would
not. We establish the extent of such an improvement, or lack thereof, both in
terms of diversity and proportionality notions. These results help us
understand if, and how, LV may be used as a low-effort fix of approval voting
in order to enhance representation.
