Everything is hypothetical right now, as neither EA or RBE Theories have been tested yet, but are there any hypothetical weaknesses you can spot in a RBE system? The first I thought of was whether a RBE would be really truly able to totally optimalise production (to my knowledge, the RBE system is having a default production, there is some interactivity, but it is based on surveys instead of allocation, meaning that there is a potential waste).

What do you think?

This is not to bash RBE, but to spot potential weaknesses in that design.

Hard to say as I've never seen any real implementation details for an REB.

I have seen TVP wants to test out the ideas though building a city. Certainly a step in the right direction but a bit too large a step! I think TVP should do much more testing before they get to that stage.

Dr. Andrew Wallace BEng(hons) PhD EurIng wrote:


I agree. The priority right now should be to set up an implementation. Me, Igor, Raffael and a few other, non-EOS people are working on an attempt.

A weakness which is immediately obvious upon attempting implementation is that there are too many incompatible variables to keep track of (the price of an egg in RBE could be a large number of different resources, depending on the manufacturing process, resulting in a mass of information to care about for the consumer). ZM people will wish this problem away by saying it will all be computerized (and this is true to a degree, systems like debit cards successfully abstract away the issues involved with the complexity of monetary economics), but it is hardly clear how much of this can be solved via automation for it to still deserve the name "free market" and not "planned economy".

This issue, like others, will have to be researched during implementation.

LP,
Jure

We could end up with quite a few sequencies and cover all the colours of the rainbow in various different shades!