The core concept of Retroactive Public Goods Funding

  • [/tkgshn/ It is easier to agree on what has helped than on what has not](https://scrapbox.io/tkgshn/ It is easier to agree on what has helped than on what has not).

This is because it is difficult for most people to estimate the value of ā€œsomething that has not yet been made. - I need a fast horse.

On trials that produce low probability returns

  • If the expected return is set as the goal to be achieved, it is highly probable that it will not be achieved.

  • This type of trial is evasive if the mechanism is designed in such a way that not achieving it would be disadvantageous.

    • Example: If you have a system where goals are set at the beginning of the term and pay is based on whether or not those goals are met, no one will make challenging plans.
      • Suppressed beyond expectations
  • budget


This page is auto-translated from /nishio/ä½•ćŒå½¹ć«ē«‹ć¤ć‹ć‚ˆć‚Šć‚‚ć€ä½•ćŒå½¹ć«ē«‹ć£ćŸć‹ć«ć¤ć„ć¦åˆę„ć™ć‚‹ę–¹ćŒē°”単 using DeepL. If you looks something interesting but the auto-translated English is not good enough to understand it, feel free to let me know at @nishio_en. Iā€™m very happy to spread my thought to non-Japanese readers.