From a game theory perspective we probably need to formalize the model with a payoff matrix to see how different strategies playout. Although with the complexaties of the steem reward pool it's an ardous task.
From a game theory perspective we probably need to formalize the model with a payoff matrix to see how different strategies playout. Although with the complexaties of the steem reward pool it's an ardous task.
I guess the thing to do is take a careful look at the paper with the Steem voting analysis, from my post the other day, as well as the original 2nd-price auction analysis by William Vickrey that gametheory.net references, and try to combine the methods for an analysis of 2nd-price inspired voting.
Probably not an effort that I'll have time for in the near future, though.