Re: poly: Hypereconomy

From: Hal Finney <>
Date: Thu Apr 30 1998 - 16:07:16 PDT

>However, to compare the utilities of different banners, a
>site needs to show each banner a large number of times,
>which amounts to displaying an unrealistic total number of ads
>before it can make rational choices. The task of appropriate
>banner selection becomes much easier if the sites exchange
>information about their usage of different banners.

How can you make sure sites are sharing accurate information? I don't
see much of an incentive to be honest about which banners produced the
most clickthroughs. In fact if the agents are competing, they may prefer
to give out false and misleading information in order to make competitors
less effective.

With a large enough market economy, actors have an incentive to tell the
truth about their decisions to buy and sell. But it may not be so easy
to get them to honestly reveal more information about their preferences.

Received on Fri May 1 00:29:06 1998

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