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Gunnar_Zarncke comments on Decision Auctions aka "How to fairly assign chores, or decide who gets the last cookie" - Less Wrong Discussion
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You can bid time instead of money. And internally we count convert time to money in a fixed rate but only in one direction time->money.
Time isn't fungible though. 5min cleaning the toilets should count for more than 5min unloading the dishwasher.