Network Goods Institute

This post will explore a novel mechanism we call “epistocracy,” a natural successor to futarchy, which facilitates autonomous consensus on the legitimacy of competing propositional statements for use in group decision making. We will study the space of proposed mechanisms which incentivize the discovery of the mutual relevance of a pair of claims in an epistocracy market; we call these Carroll mechanisms. Beginning with an initial set of relevant constraints and objectives, we will employ gam...