Can you give an example of an existing organization that could be rearranged to use control markets and specify what its stakeholders, feedback, actors, and resources would be?
Is this description helpful? If not I’ll try and get a better description done tomorrow evening at some point. Although not having done it means I’m not sure exactly how to best break up a system into resources.
Okay lets take the UK house of commons, as I am familiar with it.
In its current form:
Resource: A seat for a constituency
Actor: An MP or a prospective MP
Stakeholder: A voter
Feedback: A vote
Resource changing methodology: Tallying the votes
You could use a naive mapping and only change the feedback to be funge and the resource changing methodology to be an auction.
So what would this look like? MPs would try and convince their constituency they were doing a good job, so they get a positive return on their seat. The MPs could pay non-MPs in funge to help them think up good schemes to improve the lives of their constituency or at least make them thinks things were getting better. The non-MPs would thus get capital later on to make bids for their own seats. MPs could make trades of funge between them to get them to help each other out in getting laws passed. These trades would be public (as would bidding histories).
Can you give an example of an existing organization that could be rearranged to use control markets and specify what its stakeholders, feedback, actors, and resources would be?
Is this description helpful? If not I’ll try and get a better description done tomorrow evening at some point. Although not having done it means I’m not sure exactly how to best break up a system into resources.
Okay lets take the UK house of commons, as I am familiar with it.
In its current form:
Resource: A seat for a constituency
Actor: An MP or a prospective MP
Stakeholder: A voter
Feedback: A vote
Resource changing methodology: Tallying the votes
You could use a naive mapping and only change the feedback to be funge and the resource changing methodology to be an auction.
So what would this look like? MPs would try and convince their constituency they were doing a good job, so they get a positive return on their seat. The MPs could pay non-MPs in funge to help them think up good schemes to improve the lives of their constituency or at least make them thinks things were getting better. The non-MPs would thus get capital later on to make bids for their own seats. MPs could make trades of funge between them to get them to help each other out in getting laws passed. These trades would be public (as would bidding histories).
Make sense?