You may be interested in this post: http://www.midasoracle.org/2008/11/03/futarchy-lite-2008/ Scathing criticism wanted. Mike...
46
David Curran
iamreddave
Dec 22, 2008 9:26 am
[image: Futarchy] Pronounced FEW-tark-ee. A theoretical government controlled in part by speculative markets. Coined by Robin D. Hanson of George Mason...
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David Curran
iamreddave
Dec 23, 2008 2:45 pm
On an unrelated note is Obama's chief science advisor an advocate of futarchy? ...
48
Paul G. Silva
silvazform
Feb 8, 2009 5:36 am
Howdy folks, My name is Paul Silva, I'm an entrepreneur who works primarily in the Angel Investing world (http://en.wikipedia.org/wiki/Angel_investing). I...
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Paul G. Silva
silvazform
Feb 8, 2009 6:25 pm
Tom, This is not my area of expertise at all, so if the question I am about to propose is foolish I apologize in advance. Why can't we simply design the rules...
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Tom Breton (Tehom)
tehom2000
Feb 8, 2009 10:45 pm
Hi, Paul. Welcome to the list. ... That's a discussion I was trying to have and mostly didn't get. So thank you. But I'm going to answer your next bit...
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David Curran
iamreddave
Feb 9, 2009 5:32 pm
... investments represent a bunch of smart people trying to guess the future. What other areas do people think might have more accurate resource allocation...
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Paul G. Silva
silvazform
Feb 23, 2009 1:43 am
Thanks for the welcome. Had I read more of the old messages before making my first post, I would have seen some of what you thoughtfully laid out in our reply...
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Paul G. Silva
silvazform
Feb 23, 2009 2:20 am
1. Thanks for the links. 2. A GREAT question. Am I understanding you right in that you are looking for what TYPES of problems lend themselves to prediction ...
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Tom Breton (Tehom)
tehom2000
Feb 25, 2009 12:35 am
... You ask good questions. Some approaches: * The "side-bets" approach. In this approach, investors are expected to arrange their portfolios to control what...
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Paul G. Silva
silvazform
Feb 25, 2009 1:24 pm
1. Thank you for the detailed reply. It was very helpful! 2. The more I study futarchy, the more I realize I was NOT a finance major back in college. By...
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Tom Breton (Tehom)
tehom2000
Feb 26, 2009 1:12 am
... Interesting idea. I assume you mean a MMORG? What sort of utility function could you have? ... By new features/changes, do you mean that a dev team...
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Paul G. Silva
silvazform
Feb 27, 2009 1:35 am
Good clarifying questions - I've been in this world so long I forget what it looks like to a normal person :). The types of online games where I think this...
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David Curran
iamreddave
Aug 21, 2009 11:24 am
There is an interesting article here http://reason.com/news/show/135539.html on predictions about gay marriage "Why won't leading opponents of same-sex...
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Tom Breton (Tehom)
tehom2000
Aug 22, 2009 5:23 pm
... Right. That would be far off topic. ... For futarchy as such, not much. They are just people who stay out of the market. Their consequences are about...
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Raph Frank
raphfrk@...
Dec 16, 2009 9:44 pm
It seems to me that this all boils down to trying to determine the price of something under a box. This is solved in a normal market by the seller refusing to...
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Tom Breton (Tehom)
tehom2000
Dec 18, 2009 5:08 am
Greetings, Raph. I like your method for using the market to determine uncertainty. I had some ideas on doing that but your method is more elegant. One thing:...
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Tom Breton (Tehom)
tehom2000
Dec 19, 2009 5:17 am
I'm going to use Raph's analysis post as a jumping-off point and spend this post discussing one issue. ... [...] ... [...] ... Yes, good analysis. But our...
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Raph Frank
raphfrk@...
Dec 19, 2009 9:17 pm
... Effectively, he puts a contract under each box. ... It doesn't actually matter since they are encrypted. If someone is abusing the system, you could bet...
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Tom Breton (Tehom)
tehom2000
Dec 21, 2009 3:09 am
... Not much, because nobody knows what would count as enacting it. ... True, but regardless which type got passed, Malcolm would want to show it after it's...
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Tom Breton (Tehom)
tehom2000
Dec 21, 2009 3:13 am
(In a separate message because it goes into detail) ... I thought the analogy was that the value of the "object" under the box was the net benefit from the...
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David Curran
iamreddave
Jan 6, 2010 10:02 am
There is a new competition to predict where murders in Philadelphia* *will occur http://www.analyticsx.com/ This seems similar to a prediction market for a...
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David Curran
iamreddave
Feb 22, 2010 12:15 pm
How do you measure GDP+ in a country like Afghanistan? This article "Measuring success in Afghanistan" http://news.bbc.co.uk/2/hi/south_asia/8524137.stm ...
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Tom Breton (Tehom)
tehom2000
Mar 1, 2010 2:38 am
... Thanks for the link. ... When I think of GDP+ metrics, I ask: * Does it measure the right thing? * What are the second-order effects? * How to accurately...
69
David Curran
iamreddave
Nov 8, 2011 11:57 am
Is what is happening at the moment in Italy a form of futarchy? "Italian bonds rose, pushing down yields from euro-era records, as the nation was pressed to...
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Robin Hanson
wildideaman
Nov 9, 2011 11:03 pm
Just because government policy is influenced by a market price doesn't make it futarchy. ... Robin Hanson http://hanson.gmu.edu Res. Assoc., Future of...
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David Curran
iamreddave
Nov 13, 2011 9:58 am
"All I know is that I am not a Marxist." Karl Marx Marx was no longer in a position to explain what he meant when Marxist revolutions broke out. So we are in a...
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Tom Breton (Tehom)
tehom2000
Jan 2, 2012 4:24 am
(Reposted from my blog with minor edits) One idea in Futarchy is that GDP or some extension thereof is a reasonable proxy for happiness. Today an ...
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David Curran
iamreddave
Jan 3, 2012 5:05 pm
There is a related call here "GDP Needs Help: Let's Build a Second Measure of Economic Strength" ...
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Tom Breton (Tehom)
tehom2000
Jan 3, 2012 7:59 pm
Thanks for the links, David. Interesting. Tom Breton (Tehom)...