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Rational Street Performer Protocol

The NewsLog of Flemming Funch
 Rational Street Performer Protocol2005-06-21 19:30
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by Flemming Funch

Dewf mentions The Rational Street Performer Protocol and an improvement, The Rational Street Performer Protocol.

Groups of people place place donations in escrow, to be released to an author who's promised a certain work, if he puts it into the public domain. In other words, it is a system of private financing for public works. The intent is in part that such a scheme might fund alternative or marginal works that might not otherwise find financing.

The "Rational" protocol adjusts the approach so that the negotiations are done over several rounds and each person pledges a certain ratio out of the total that they're willing to pay, up to a certain maximum amount. The result is a fairly complex formula, but the idea is to show that one's contribution influences the total. So, one can see that one influences the total by more than simply the amount of one's contribution, and thus there should be a higher motivation to contribute, because one can see that one gets something for it.

I don't know if that's necessary. I think what makes the biggest difference is simple stuff, like having one's name listed as one of the contributors.


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