How Does the Concept of ‘Weighted Random Selection’ Compare to the Allocation of Shares in an Oversubscribed IPO?

In both cases, the allocation is proportional to the participant's commitment. In PoA, validator selection is weighted by the size of the stake, giving larger stakers a higher probability of selection.

In an oversubscribed IPO, shares are often allocated to investors based on the size of their order (commitment) or their perceived importance, though not purely randomly. Both methods use the commitment size to influence the outcome.