Dynamic Leverage Pricing for Non-Transferable Time Credits
A resource-allocation mechanism for volunteer/public-good labor coordination Problem Classic time-banking systems (Ithaca Hours, LETS, Edgar Cahn's Time Dollars) use a fixed 1:1 exchange rate: one hour of any labor equals one hour of credit, regardless of skill or scarcity. This has a well-documented failure mode: when a scarce or high-skill...
Jul 311