psephocracy
/sɪˈfɒkrəsi/ /siːˈfɒkrəsi/ /sɛˈfɒkrəsi/noun
The form of government which results from the election of representatives by ballot; the system of government by elected representatives.
Origin
1960s; earliest use found in The New Statesman. From psepho- + -cracy, after democracy.