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ChrisCook:
This is fine, provided they are within their 'guarantee limit' - ie they haven't piled up an excessive debit balance by not doing at least some baby sitting.

That's where I'm getting that from.

The obvious - to me, anyway - flaw in your system is that when someone defaults, everyone else's balances shrinks, potentially pushing them into a situation where they can't afford to 'pay' for a baby sitter.

ChrisCook:

If people abuse the system then after a while they'll find no counter-parties willing to baby sit for them, or have them to baby sit as the case may be.

So why not just create an hours balance on the message board? It doesn't need a spreadsheet, just some basic adding up. Even monthly accounts for paper scrip would do - as long as you tell people not to hoard it.

People can see who's freeloading, and act accordingly, in one of those rare economic situations where there's a chance they may actually behave like rational actors.

Of course, some people may still choose to baby sit for freeloaders, perhaps because they're bored, they enjoy it, it's no real hassle if the freeloaders are willing to drop off and pick up, or for some other social reason.

That's impossible with your system - at least beyond a certain point.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Nov 17th, 2009 at 01:08:09 PM EST
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