rlp10 comments on Crash problems for total futarchy - Less Wrong

6 Post author: Stuart_Armstrong 15 May 2013 10:41AM

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Comment author: rlp10 04 October 2013 05:46:14AM 0 points [-]

Could futarchy be used to run a business? Setting up a business is much easier than taking over the government of a country!

Bets could be proposed like: "If policy X is adopted then the share dividend on such and such a date will be higher than if it is not adopted". Bets with the highest support could then be adopted and over time, the share dividend would steadily increase.

Comment author: dimension10 07 February 2016 05:33:42AM 0 points [-]

Isn't it already, in some sense? The whole idea of a futarchy is shareholders voting for their self-interest so it also works in the interests of everyone else. This is pretty much what goes on in companies where shareholders get a vote proportional to their shares held.

Comment author: Stuart_Armstrong 23 October 2013 12:27:50PM 0 points [-]

That would be a good experiment to run...