Conversation

@andy_matuschak

Grateful to

for introducing me to

@VitalikButerin

et al's "Optimal Kickstarter" which minimizes free-riding in provisioning public goods thru quadratic funding. Gorgeous optimality proof: mattsclancy.substack.com/p/optimal-kick Notes from recent experiment: vitalik.ca/general/2020/0

mattsclancy.substack.com

Optimal Kickstarter

Buterin, Hitzig, and Weyl's proposal to fund public goods

2:53 AM · Aug 20, 2020Twitter Web App

@andy_matuschak

Replying to

@andy_matuschak

The paper explores a number of applications in depth and extends the mechanism in various ways, including e.g. negative contributions: papers.ssrn.com/sol3/papers.cf

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Replying to

@andy_matuschak

and

@VitalikButerin

Have you looked at

’s ideas around Dominant Assurance Contracts?

marginalrevolution.com

A Test of Dominant Assurance Contracts - Marginal REVOLUTION

The free rider problem is a challenge to the market provision of public goods. In my paper on dominant assurance contracts I use game theory to show how some public goods can be produced by markets...

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(((E. Glen Weyl)))

Glory to Ukraine

Very happy to chat sometime!

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Alper Çuğun-Gscheidel

Replying to

@andy_matuschak

and

@VitalikButerin

Optimal Kickstarter is the kind of thing that

should fund and then use for their open source grants.

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@vsinghdothings

Replying to

@andy_matuschak

and

@VitalikButerin

So glad to see your interest

@andy_matuschak

! Happy to jam on our experiments + perhaps intro you to the Gitcoin community. FYI - you're highlighted in

's KERNEL Syllabus alongside Vannevar Bush. Thanks your public goods contributions 🙏 kernel.community/module-3/remem

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I feel bad about the confident assertion in the newsletter that something like "optimal kickstarter" does not exist. I need to update it!

Replying to

@andy_matuschak

and

@VitalikButerin

hey andy, checkout the QF calculator the

team built with

@_anishagnihotri

EZer to show ppl the power of QF with the web-based QF calcs, as opposed to ppl having to do the math themselves!

WTF is Quadratic Funding?

Quadratic Funding is the mathematically optimal way to fund public goods in a democratic community.

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