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I was waiting for just that outcome and was also surprised that's not where it ended up. Would have addressed the income disparity complaint. Maybe it smells t

• sowbug 9y ago
  I could see a concern that this would either look like a general partnership where the recipients of funds turned out to be liable if someone got hurt on the property, or else need to be a corporate entity of some kind with the recipients as dividend-eligible shareholders, with all the fun paperwork and tax-reporting requirements that come along with that. By the way I'm not sure about the capitalistic label. The recipients would do nothing to earn the money, did they?
  • Operyl 9y ago
    Well, could argue they had to do more to get to work? Unless of course they used Lyft to get a ride ..
• Gaelan 9y ago
  That encourages driving up the price then dropping out to increase how much you get.
  • wyager 9y ago
    You can structure your auction in different ways to discourage this sort of bad behavior. For example: https://en.m.wikipedia.org/wiki/Vickrey–Clarke–Groves_auction https://en.m.wikipedia.org/wiki/Vickrey–Clarke–Groves_auctio... There's lots of auction theory describing good ways to sell things like parking spaces.
  • Symmetry 9y ago
    That would require someone to take a big risk for a benefit they would only get a small share in.