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juliawise comments on Open thread, August 19-25, 2013 - Less Wrong Discussion
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Yeah, bidding = deception. But in addition to someonewrong's answer, I was thinking you could just end up doing a shitty job at things (e.g. cleaning the bathroom). Which is to say, if this were an actual labor market, and not a method of communicating between people who like each other and have outside-the-market reasons to cooperate, the market doesn't have much competition.
Except she specifies that if they're bidding above market wages for a task (cleaning the bathroom would work fine), they'll just pay someone else to do it. Of course, chores like getting up to deal with a sick child are not so outsourceable.