How would a prestige based economy work?

How would a prestige based economy work?
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1 Answer

Answer :

You contribute to the common good, you get credits. You may then spend said credits toward someone else’s contribution to you. Change depends on everyone, but you can start with small barter-like groups. I was actually thinking of making a barter-based chore-sharing website, and then eventually escalate it to a barter tracking system. If curious http://phoebusg.com/index.php?option=com_content&view=article&id=19:concepts&catid=5:blog&Itemid=12 Look for Taskswap.
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Related questions

With the rising numbers of stay-at-home Dads, will respect and prestige of domestic work increase?

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Last Answer : It’s possible. I’m a stay at home dad, and let me tell you, it’s a hard ass job. But I doubt it’ll be something I can put on a resume anytime soon.

Would it detract from the prestige of a college if a professor taught classes like this?

Description : Would it detract from the prestige of a college if a professor taught classes like this?

Last Answer : answer:If he teaches in Chicago or Minnesota in the winter, I think he could be challenged. If he taught small classes (which are less formal than large lectures) and he is at UC Santa ... one of the most difficult Statistics classes. I don't correlate dress with the difficulty of the course.

Does anyone host tenth prestige lobbies for Modern Warfare 2, for the Xbox 360?

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Last Answer : answer:why don’t you look on xbox.com does it really matter with black ops coming out soon anyway.

Does anybody here host 10th prestige lobbies?

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Last Answer : I’m not much of a gamerz. i know, i know… my name But i’m not familar with prestige in WaW but i’m familar with prestige in Modern Warfare 2.

Do you think the prestige of a new Volvo will be lessened, now that China purchased Volvo from Ford?

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Last Answer : No. Lotus is owned by Proton, which is a Malaysian Car company, and Lotus is still a highly regarded brand. I think Volvo will actually improve, because Ford did not handle the brand well.

Is there an order of prestige or weight given to the many different entertainment awards (oscars, grammys,etc)

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Last Answer : answer:First of all, you can't compare awards in different industrys. Well, not a formal one. But informally, for movies, the Academy Awards are the most prestigious, then arguably the SAG awards, ... by other awards such as the Country Music Awards. The Tonys stand alone for Broadway and theatre.

who The Chinese scholar-official held a position at the very top of society because he had prestige, wealth, and power. Which of the following was an important skill for a scholar-official to have?

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Last Answer : He must be able to read and write the Chinese characters.

Whose reign is called the era of emerging prestige ?

Description : Whose reign is called the era of emerging prestige ?

Last Answer : The era of emerging prestige is called the reign of Devapala.

What does prestige mean ?

Description : What does prestige mean ?

Last Answer : prestige means respect.

What is the meaning of the word prestige ?

Description : What is the meaning of the word prestige ?

Last Answer : The word prestige means respect , dignity , influence.

What does the word Prestige mean ?

Description : What does the word Prestige mean ?

Last Answer : prestige , prestige , fame

Explain the following concept with suitable example : Prestige

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Rank is associated with prestige.

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(i) The position that one acquires through effort is called …………. status. (ascribed / achieved / prestige)

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Why do you think Norgay is so concerned with the prestige of Everest?

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Last Answer : Need answer

For custom -made equipment and commercial construction projects, which pricing method is most likely to be used? A)Prestige pricing B)Markup pricing C)Return -on -investment pricing D)Cost -plus pricing

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Last Answer : D)Cost-plus pricing

When an organisation sets a limited number of prices for selected groups of merchandise, this idea is commonly referred to as A)prestige pricing. B)price lining. C)customary pricing. D)odd -even pricing. E)ethical pricing.

Description : When an organisation sets a limited number of prices for selected groups of merchandise, this idea is commonly referred to as A)prestige pricing. B)price lining. C)customary pricing. D)odd-even pricing. E)ethical pricing.

Last Answer : B)price lining.

When Sharp first introduced its line of reverse notation calculators, it set the price quite high; it has lowered the price as competitors have entered the market. The pricing strategy used by Sharp is called: A)customary pricing. B)penetration pricing. C)price skimming. D)prestige pricing.

Description : When Sharp first introduced its line of reverse notation calculators, it set the price quite high; it has lowered the price as competitors have entered the market. The pricing strategy used by Sharp is called: A)customary pricing. B)penetration pricing. C)price skimming. D)prestige pricing.

Last Answer : C)price skimming.

With what type of products would you expect demand to increase as price falls? A)Prestige products B)Products with elastic demand C)Products with inelastic demand D)Products with an inverted C -shaped demand curve

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Last Answer : D)Products with elastic demand

What type of pricing policy is used in a situation in which the demand for a product is price inelastic and the seller has an ethical responsibility not to overcharge the client? A)price lining B)prestige pricing C)professional pricing D)customary pricing E)ethical pricing

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The policy that assumes that demand is relatively inelastic over certain price ranges is called A)price lining. B)odd -even pricing. C)price skimming. D)prestige pricing. E)customary pricing.

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When marketers at The Honey Company tried to determine demand for their product, they found that at 50 pence, consumers wanted 2,000 jars; at £1.00, they wanted 6,000 jars; and at £1.50 they wanted 4,000 jars. What can the company conclude? A)Honey has a normal demand curve. B)It has an elastic product. C)It has an inelastic product. D)Honey is a prestige good.

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Researches are generally treated as ‘Identity symbols' of a nation because Options: A) Researches reflect the progress of a nation B) Researches focus on human development C) Researches help in acquiring international prestige D) All the above

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How has comsuming less good for the economy?

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Will the U.S. economy see hyperinflation, or deflation followed by hyperinflation?

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