Alicorn comments on Open Thread: July 2009 - Less Wrong

3 [deleted] 02 July 2009 04:00AM

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Comment author: Alicorn 02 July 2009 10:13:38PM 4 points [-]

If you think you can do well at Intrade, I'll loan you the money if you can put up your karma as collateral.

That sounds flagrantly inappropriate. If you are confident that CronoDAS trying his hand at Intrade would be a good risk, why don't you just loan him the money and ask for interest or some percentage of what he makes? If you aren't confident that he'd do well enough to pay you back, isn't this just outright karma purchase?

Comment author: SilasBarta 03 July 2009 03:14:41AM 1 point [-]

Just a hedge against any akrasia that might pop up.

Comment author: Alicorn 03 July 2009 03:17:41AM 0 points [-]

Replace "do well enough" with "make any effort at all", then.

Comment author: SilasBarta 03 July 2009 03:39:45AM 1 point [-]

"make any effort at all" =/= "no akrasia"

Comment author: Alicorn 03 July 2009 03:44:34AM 0 points [-]

If you expect that he'd make some effort, and be defeated by akrasia, then clearly, you are not confident that he would do well.

My point isn't that, however. My point is that karma is inappropriate collateral, even if there were some easy way to move it from one person to another.

Comment author: wedrifid 04 July 2009 11:40:32PM 1 point [-]

"Even if"? Are you serious?

The only thing inhibiting such a transfer is the very fact that those who consider it innapropriate would prevent it politically. Even then, if someone wants to and is uninterested in said social judgements beyond their political implications then it would not exactly be hard to make the transfer subtly.