Micro-crowdfunding experiment

Publish Date: 
Wed, 10/05/2011 - 19:32

This week in my math class for art students we're getting to the section on cooperation and dilemmas, and we're going to do some cooperation-game classroom activities. I'd like to play for real money, to make the incentives more real.

This seems like an opportunity to experiment with crowdfunding. Can I raise $30 to pay for this classroom exercise? (Details of the $30 figure below.)

If you contribute (any amount) to this cause, you will get a grateful mention on this site and the various social networks where I repost, and I'll give you the opportunity to talk with me directly about the class and how the game turns out (if you want to).

It'll be fine if I don't raise it, so I don't want money from anyone who needs it for themselves or their loved ones. Just chip in if you feel like it. I'll report on the results.

Here's the link for paypal donations:

Details of the game activities are on the class page. We'll play a couple of two-player prisoner's dilemma games (anonymous and with known partner) for play money, and then later, when people have gotten the general idea, we'll play a social dilemma game all together for real money: each person chooses to either cooperate ($1 gets paid to each player except oneself) or defect ($2 gets paid to yourself). There are 6 people in the class, so the maximum payout is $30.

Later, toward the end of the class, we'll play a byproduct cooperation game for cookies (this game has no conflict of interest, so everyone will win unless they totally miss the point).

4 comments

by peterjs on Wed, 10/05/2011 - 20:18

sounds good, i can pledge $5 cash, but am paypal impaired.
how does that work for you, Lee?

peterjs

by worden on Fri, 10/07/2011 - 13:21

 

by worden on Fri, 10/07/2011 - 13:22

the goal has been reached. details to follow.

by worden on Mon, 10/10/2011 - 16:10

Thanks David Montgomery, Anandi Wonder and Peter J. Sampson for donating the $30 I asked for. I've posted some notes on how the game played out in class, on the class page, and I'll talk to you more about it if you are interested. Thanks also to "iridesce" on the Diaspora network, who offered to donate in Bitcoin currency, but it took me so long to figure out how to receive bitcoins that the money got donated in the meantime.

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