Table 4 Karma design and modelling
From: Karma economies for sustainable urban mobility – a fair approach to public good value pricing
Design element | Modelling aspect |
|---|---|
Currency | |
Parity | \({{\mathcal{A}}}_{k}\), \({\mathcal{O}}\) |
Balance limits | \({\mathcal{K}}\) |
Amount control | Constant |
Initialization | Initial distribution |
Redistribution | Redistribution function |
Interaction | |
Price control | Payment function |
Price limits | \({{\mathcal{A}}}_{k}\), Payment function |
Resource provision | Problem-specific |
Resource allocation | Outcome function |
Counter-party | \({\mathcal{J}}\) |
Peer selection | (Options by simulation module) |
Decision-making | Optimal policy πp[τ, u, k, a] |
Urgency process | Ψp, Urgency transition function |
Temporal preference | T[τ], Discount factors |
Transaction | |
Payment amount | Payment function |
Payment receiver | Payment function, |
Overflow Distribution function | |
Karma gain & | Payment function, |
Karma lose | Overflow distribution function, |
Redistribution function | |
