Control Market | ||
---|---|---|
Decision Space | De-centralised | |
Decision Making | Singular | |
Feedback Time | After Decision | |
Authority | Dispersed |
Actors are encouraged to optimise their actions for only the current period. Actions may have negative effects on later days. Which may not effect them.
Possible solution: Profit is not entirely based upon the feedback of that round. So split up the profit over N later rounds. So if N is 5 and an Actor bids 100 credits and at time 1 feedback is 150 then the actor get 110 (b + (f1 - b)/5 if f1 > b else f1 ) at time 1. At time 2 (f2 - b)/5 if f2 > b else 0 etc
This would align the
It takes money to make money. So those with currency might be able to get more of it just by lending it out.
How much of a problem this is, has yet to be seen. As long as money lenders are allowed to fail if they lend badly this may be okay.