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Prismattic comments on Decision Auctions aka "How to fairly assign chores, or decide who gets the last cookie" - Less Wrong
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Comments (57)
An interesting system. How would this be modified to work for couples who actually have joint finances?
In the article I linked to, Bethany argues that separate finances are a requirement to this, and I tend to agree.
A workaround might be having a joint account, AND separate accounts that are used for whatever fun/luxury you each want. You each get $x/month in your fun/luxury accounts, and that is the money you use to yootle with (and pay for dance class, and buy a new sewing machine with, and whatever other luxury, etc)
Julia and I organize our finances this way, and I would recommend it for couples whether or not they plan to yootle.
My partner and I use a single joint account, but if I had to do it over again, I'd probably do it this way too.
Technically we also use a single joint account. We keep track of our three accounts (joint, Julia's, Jeff's) on a spreadsheet.
Use a zero sum point system (MMO model) with an interest system to suit. A cooperative relationship will aim to keep things close to even. Downside is of course this is just a counting method with no real payout, reward, or penalty.
And in the prescript of the link it was mentioned that this was tried didn't work.