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Planck ManuscriptsThe difference between Public Goods Problems and Coordination Problems… and whether it matters.
By Michael Zargham, Scott Moore, and Matt Stephenson (author order randomized)Public Goods Problems and Coordination Problems describe some of the most fundamental and important challenges we face both in Web3 and the wider world. While they are related concepts, they are theoretically distinct. Is this a distinction without a difference? In this note we explore why game theorists and even behavioral economists (like one of your co-authors) make such a distinction. We will describe what the d...
Planck ManuscriptsPaperclipDAO's landmark first trade... and a tribute to the NFTs that got away
We just made our first trade! Paperclip DAO has swapped one $PAPER/$CLIP NFT for the 1/5 SE Earthen Concept Art Card offered by @bitcoinPalmer. Palmer welcome to PaperclipDAO! 🖇 We weighed several factors in making a final decision on which trade to accept. We care about more than just the economic value of a trade; we value the culture, story, and journey of the NFT as well. We also had to make a hard call about whether to honor the past or push towards the future. Our final poll after hour...
Planck ManuscriptsA Rain Dance for Productivity Growth
The First Industrial Revolution (“IR 1”) is the famous one, occurring a little before the year 1800. It connected people with railroads and steamships and yet, despite its fame, it brought almost no growth:Look how flat the curve is before ~1850. That curve is a measure our ability to do more with less, to meet our human needs without simply forcing everyone to work harder. And so it's interesting that IR 1 didn't really improve our lot, at least not for decades and decades after it...
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Planck ManuscriptsThe difference between Public Goods Problems and Coordination Problems… and whether it matters.
By Michael Zargham, Scott Moore, and Matt Stephenson (author order randomized)Public Goods Problems and Coordination Problems describe some of the most fundamental and important challenges we face both in Web3 and the wider world. While they are related concepts, they are theoretically distinct. Is this a distinction without a difference? In this note we explore why game theorists and even behavioral economists (like one of your co-authors) make such a distinction. We will describe what the d...
Planck ManuscriptsPaperclipDAO's landmark first trade... and a tribute to the NFTs that got away
We just made our first trade! Paperclip DAO has swapped one $PAPER/$CLIP NFT for the 1/5 SE Earthen Concept Art Card offered by @bitcoinPalmer. Palmer welcome to PaperclipDAO! 🖇 We weighed several factors in making a final decision on which trade to accept. We care about more than just the economic value of a trade; we value the culture, story, and journey of the NFT as well. We also had to make a hard call about whether to honor the past or push towards the future. Our final poll after hour...
Planck ManuscriptsA Rain Dance for Productivity Growth
The First Industrial Revolution (“IR 1”) is the famous one, occurring a little before the year 1800. It connected people with railroads and steamships and yet, despite its fame, it brought almost no growth:Look how flat the curve is before ~1850. That curve is a measure our ability to do more with less, to meet our human needs without simply forcing everyone to work harder. And so it's interesting that IR 1 didn't really improve our lot, at least not for decades and decades after it...
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