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ask them here ...

It's not a priority for me (PhilJones) at the moment. I imagine you could do an experiment like this ... define a couple of non-scarce resources called "tunes" and "stories". Define a couple of variants on GiftAgents and BarterAgents where Agent:donateTo is rewritten, so that when X donates tunes or stories to Y, X doesn't lose them. (See ImplementingNonScarceResources)

This would model the non-scarce property of digital goods. But I suppose it wouldn't tell you much except that a lot of agents would have a lot of tunes and stories. The interesting question about IntellectualProperty? is whether treating it as scarce encourages more or less development of it. There's a good overview at http://www.reason.com/0303/fe.dc.creation.shtml. And I often talk about this on my personal wiki : http://www.synaesmedia.com/wiki/wiki.cgi?TheAgeOfAmateurs )

I think OPTIMAES will only be in a position to tackle this when we start considering the problem of agents' motivation to work. (WhyWork) But if you want to have a go, please do. Or if you want to discuss this question further, then I'm up for it.

How do we test the XAT Theory?

Within XAT's plan for a new world economy at www.xat.org it is suggested, if a country eliminated the money produced by fractional reserve banking and usury, and paid for public services by printing money (Green Back Dollar style) each year you could balance the budget without needing to collect taxes.

Can you produce a model to test this?

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Last edited May 16, 2005 2:10 am by RichardP (diff)