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Showing posts from January, 2019

Price takers in perfect competition

How to calculate the price of a good? Data and Evidence collection: 1) The number of people working in different organizations to produce a particular product. 2) The number of the particular product produced per day, months, year etc. 3) The time or working hours of employees. Time is money. Price is inverse of mean value obtained from the different organization for the number of units produced per unit time (days or months etc) per employee with collaboration and using time not more than 5 hours per day per employee + Raw material cost calculated by the same principle E = Number of people working in an organization to produce a particular product U/D = Number of the particular product or units produced per day U/DE = Number of particular units produced per pay per employee with collaboration O = Number of organization with same U/DE An example data [E] [U/D] [U/DE] [O] 50 30 0.6 6 60 40 0.666 9 8...

Price takers in perfect competition

How to calculate the price of a good? Data and Evidence collection: 1) The number of people working in different organizations to produce a particular product. 2) The number of the particular product produced per day, months, year etc. 3) The time or working hours of employees. Time is money. Price is inverse of mean value obtained from the different organization for the number of units produced per unit time (days or months etc) per employee with collaboration and using time not more than 5 hours per day per employee + Raw material cost calculated by the same principle E = Number of people working in an organization to produce a particular product U/D = Number of the particular product or units produced per day U/DE = Number of particular units produced per pay per employee with collaboration O = Number of organization with same U/DE An example data [E]           [U/D]       [U/DE] [O] 50 30 0.6        ...

The whole process of voting in a DPoS Country

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The overview of fair democracy: https://iambrainstorming.wordpress.com/from-hypocrisy-to-democracy-this-way-delegated-proof-of-stake-2/   Evolutionary democracy using hierarchical specialization with adapted delegated proof of stake algorithm, where different specialized departments are in a symbiotic or mutually beneficial relationship.  The Tree of Democracy Each funnel is a department with its subdepartments A Department For example, the education department can have its sub-departments such as kid education, adult education, research, entrepreneurship. Each department consists of large outer representatives and a few inner representatives. These large outer representatives are the grand total of all its sub-department outer representatives and the few inner representatives are the grand totals of all its sub-department inner representatives. Inner representatives of center and state are policy approver,   and inner representatives of all the regions (center, state, ...

The whole process of voting in a DPoS Country

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The overview of fair democracy: https://iambrainstorming.blogspot.com/2019/01/from-hypocrisy-to-democracy-this-way.html Evolutionary democracy using hierarchical specialization with adapted delegated proof of stake algorithm, where different specialized departments are in a symbiotic or mutually beneficial relationship.  The Tree of Democracy Each funnel is a department with its subdepartments A Department For example, the education department can have its sub-departments such as kid education, adult education, research, entrepreneurship. Each department consists of large outer representatives and a few inner representatives. These large outer representatives are the grand total of all its sub-department outer representatives and the few inner representatives are the grand totals of all its sub-department inner representatives. Inner representatives of center and state are policy approver,   and inner representatives of all the regions (center, state...

A new fair democracy inspired by Delegated Proof of Stake algorithm

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Preprint link: https://osf.io/82mpk/ dem·oc·racy [democracy democracies] 1) fair and equal treatment of everyone in a country or organization, etc, and their right to take part in making decisions 2) a system of government in which all the people of a country can vote to elect their representatives Yes, most democratic countries fulfill the second definition of democracy, but none to the first definition. Abstract: Democracy is about fair and equal treatment of everyone in a country. But it becomes unrealistic to achieve when political parties have their conflict of interest , and leaders don't have the expertise to make evidence-based policies and neither have the skill and manpower for solving problems that surround our society and ecosystem. The new fair democracy provides an elegant way of governance that separates the representative responsibility according to their specialization and can grow into any complexity. The governance is divided into various departments, and each ...

From hypocrisy to democracy, This way: Delegated Proof of Stake

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hyp·oc·risy [hypocrisy hypocrisies] behavior in which somebody pretends to have moral standards or opinions that they do not actually have dem·oc·racy [democracy democracies] 1) fair and equal treatment of everyone in a country or organization, etc, and their right to take part in making decisions 2) a system of government in which all the people of a country can vote to elect their representatives Yes, most democratic countries fulfill the second definition of democracy, but none to the first definition. Why Democracy is always unfair?  In an ideal world, elections should be two things: free and fair. Every adult, with a few sensible exceptions, should be able to vote for a candidate of their choice, and each single vote should be worth the same. Ensuring a free vote is a matter for the law. Making elections fair is more a matter for mathematicians. The many democratic electoral systems in use around the world attempt to strike a balance between mathematical...