You are viewing a single comment's thread from:
RE: Case study: What Steemers can learn about "system gaming" from Amazon's Kindle Unlimited.
Thanks for explaining what sounds like the disaster of Kindle Unlimited. Game theory has been used extensively to incentivise users of this platform to protect and grow its value. Not so much on content - which I would argue is much more difficult. But being blockchain based, I think it is going to be much more feasible to build the sort of contracts required to minimise content abuse. I think the #scam idea is terrific.
Thanks, it's definitely a poorly designed and managed program. Is the game theory background in the white paper? Or is there somewhere I could read more about it? My hope is that the harder it is to fool the system, the faster quick buck artists will move on.
The white paper doesn't even mention game theory, but if you know some game theory you can see its implementation. Game theory is a full subject on its own, but there are plenty of resources on the web to find. A recent set of posts on this site also provide an introduction: https://steemit.com/steem/@biophil/what-does-game-theory-say-about-steem-part-1