Some people poorly make fun of econ by claiming it can't explain super common things like recessions or cooperation, when actually it can explain those things quite well. They should be using Patreon as an example. Never seen a convincing explanation of that.
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I guess that's more kickstarter and similar for me patreon functions as extremely specific charity, I think I enter it this way in my ledger
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I think that probably does cover a lot of patreon activity, but not why people choose to be the 15000th donator to a podcaster's monthly salary
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It definitely makes more sense than if we had the same distributed-voluntary-patronage system but without the centralizing Patreon site. But the individual incentives you'd have to assume to explain this behavior are either very wonky or would rely on a whole lot of altruism
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(or you can assume, as one econ paper on Patron I've seen has done, that people are only in it for the donation incentives :P)
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Pure altruism—my utility function includes others’ utility-doesn’t explain this well, because nobody’s individual contribution is enough to affect others’ utilities meaningfully. It is very hard to explain these behaviors without people caring directly about their actions.
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