PICSY Budget Constraints
Mechanisms that increase reputation when evaluated by those who are evaluated by those who are evaluated.
Purchase" is an act that enhances the "reputation" of the other party.
But it's a resource that can't be duplicated, so "purchasing" the resource would be devalued by the buyer.
This will cause those who have been evaluated in the past by buyers to mysteriously suffer a devaluation.
This is not desirable, so we would say that there should be a limit on the amount that can be purchased.
That's the budget constraint.
Accumulate a small reduction of evaluations from all members in advance.
We call this "gradual reduction" "natural recovery."
Three ways of doing this are being considered.
Those who use the link $ E_{bb} to themselves
How to introduce a central bank and use [$ E_{b0}
How to dismantle the link to yourself $ E_{bb} as a virtual central bank
Remove the diagonal from E and distribute it to the other members to make a new E'.
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