Tuesday, February 20, 2007
coinage mirroring

rippling [no symbols where noneintended]
more waves
We coin the term adventure economy to refer to a gift economy that is pay-forward, in-person, global and among strangers. In any economy, there are challenges in allocating resources effectively and avoiding abuse, but these are of special concern in non-market economies among strangers, where we don't have the information mechanisms of the price system nor of wikipedia: social relations, and we are also missing the risk-reduction mechanisms of contracts. In this group we develop the allocation and risk-reduction mechanisms for CouchSurfing, an adventure economy.
[ask ripple for a coinage]
tartited by ---gallizio
in the free-climbing-on-the-sofa era
permalink
Labels: adventure+economy, couchsurfing, execution, gift+economy, mariopischedda, p2p, ripple, wiki