ENTRIES TAGGED "reputation systems"
Collapsing Transaction Costs, Scientific Research Reputation, Retro Adventure Ambition, and Where Startups Come From
- When Transaction Costs Collapse — As OECD researchers reported recently, 99.5 per cent of reciprocal access agreements occur informally without written contracts. Paradoxically, as competition becomes more intense or ”perfect”, it becomes indistinguishable from perfect co-operation – a neat trick demonstrated in economists’ models a century ago. Commentary prompted by an OECD report on Internet Traffic Exchange. (via Laurence Millar)
- Faked Research is Endemic in China (New Scientist) — open access promises the unbundling of publishing, quality control, reputation, and recommendation. Reputation systems for science are going to be important: you can’t blacklist an entire country’s researchers. Can you demand reproducibility?
- The Hobbit — ambitious very early game, timely to remember as the movie launches. Literally, no two games of The Hobbit are the same. I can see what Milgrom and the others were striving toward: a truly living, dynamic story where anything can happen and where you have to deal with circumstances as they come, on the fly. It’s a staggeringly ambitious, visionary thing to be attempting.
- How to Get Startup Ideas (Paul Graham) — The essay is full of highly-quotable apothegms like Live in the future, then build what’s missing and The verb you want to be using with respect to startup ideas is not “think up” but “notice.”