A crash course in changing the world.
Yesterday I took part in an experiment using an alternative currency. The system took place as follows: every team had four players. The team played 30 rounds together. Every round, every team member was able to decide how much money to put into a community account. After every round the community account was multiplied by 2.5 and divided by four, and everyone got the same portion of the total sum. But the more you put into the account before, the more has also been deducted when calculating your total sum. The calculation was: 100 unities of virtual currency (which everyone got at the beginning of every new round) - the sum you put into the bank account + your portion of the community account. The sums you got every round from the community account therefore depended on how much everyone of your group put into the account at the beginning of the round. The experiment was quite interesting, and the most surprising thing for me was that at the end I was able to earn a total sum of 17.90 € in real money which has been paid to me at the end of the game.
The game - in my opinion - is an experiment for group decision. I found it quite interesting!
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