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There's an older version of this principle used to compensate authors for library borrowing in the UK and other countries called Public Lending Right. The gove
by pmyteh 9y ago
There's an older version of this principle used to compensate authors for library borrowing in the UK and other countries called Public Lending Right.
The government puts some tax money into a pot, and it's paid out to authors in proportion to the number of loans of their books. There's also a cap to stop the bulk of the money going to a handful of bestselling authors.
In some ways, this can be seen as croudsourcing decisions on government subsidy, which is an interesting model.