Hi, guys, I am struggling to design even a very simple token economy for a small feature. Every time I feel that there is a need to incentivize people for doing GOOD, I feel that I should also have a way to Penalize them.
Imagine you have a social networking app where people can “like” very good content. The more number of likes signifies - the content is more good. You decide to pay, say $1, for every like to the curator.
The problem here is, the moment people see this feature, they will ONLY come to the platform JUST to put a “like” so that they can earn money. thinking the more they like, the more they earn.
Now to solve this you need to think a way to penalize them, but how would you do that?
So Incentivizing people for doing GOOD is very hard. My question is, how to learn to work on these kinds of problems? Any paper or any reference would be highly appreciated.