[p2p-research] Resilience and scale invariance

[marc fawzi]

Hi Stan

I've gone through my own similar realization in the course of a peer
production experiment I did, which I had written about to this list.

Most people have a complex, weird and/or disturbing relationship with money
which provides a psychological homeostasis which most people are NOT willing
to abandon for a "psychologically positive" relationship with a kinder,
gentler and more resilient type of currency.

It will take a major shock to the system (much bigger than the economic
shock, IMO) before people start to question their behavior, but we can see
just a tiny bit of that now, in ourselves and others.

It's a soul searching, self-revealing time for a lot of people, and that's
why it's good to offer people positive alternatives, right now.

Marc



On Sat, Apr 18, 2009 at 11:49 PM, Stan Rhodes <stanleyrhodes at gmail.com>wrote:

> The alternative currency movement does not necessarily pay that much
> attention to economics, and practically no one in any walk of life
> pays attention to behavioral economics--its implications are very
> counter-intuitive and often undermine established methods of doing
> things.  I assume if you're a fan of Taleb then you're also familiar
> with Daniel Kahneman, Richard Thaler, et al.  I've mentioned them
> before in emails, but I don't think you were part of the list back
> then.  I wish I had more time to write about it, but most of the
> research is quite accessible.
>
> I would also strongly recommend reading some of his studies with N Mazar:
>
> http://www.rotman.utoronto.ca/facbios/file/Mazar_Dishonesty_forthcomingJMR.pdf
>
> They not only test people in various scenarios, they then test
> people's ability to predict the experimental subjects' performance.
> Turns out, we don't do what we think we do.
>
> If you want to puzzle your mind yet more, consider the explorations here:
> http://www.edge.org/3rd_culture/thaler_sendhil08/class5.html
>
> Good luck,
> -- Stan
>
> On Sat, Apr 18, 2009 at 12:44 PM, Ryan Lanham <rlanham1963 at gmail.com>
> wrote:
> > Interesting goal for sustainable ops...scale invariance...p2p should tend
> to
> > optimize for this.
> >
> >
> http://globalguerrillas.typepad.com/globalguerrillas/2009/04/resilient-communities-and-scale-invariance.html
> >
> > Marc, in your flows concept, does scale matter?  I'm reading Hy Minsky
> now
> > on John Maynard Keynes, and he spends a lot of time discussing scale in
> > various ways.
> >
> > Also, Dan Ariely, in Predictably Irrrational discusses the fact that
> theft
> > is a greater issue in tokens than in cash systmes (2nd to last chapter).
> > Haven't seen that line developed re: alternative currencies / open money.
> > He seems to suggest tokens aren't perceived as "real" and therefore are
> less
> > likely to trigger moral barriers.
> >
> > Ryan Lanham
> >
> >
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> >
> >
>
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-- 

Marc Fawzi
Facebook: http://www.facebook.com/people/Marc-Fawzi/605919256
LinkedIn: http://www.linkedin.com/in/marcfawzi
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