Sharing rewards, pooling risk, solidarity," he said.
A more palatable solution might be to collect a lump-sum tax from every American and put the proceeds into a reward pool.
Each year, innovators would receive a return based on their ranking, and a product would remain in the reward pool for 10 years.
It could be rolled out in various sectors of the economy and scaled up as more governments contributed more money to the reward pool.
There are about 300 million Americans in total, so setting the lump-sum tax at $100 a year would yield $30 billion for the reward pool -- enough to reward about 120 million Americans of normal weight with checks for $250.
Overall if the new rules are additive, drawing from their own reward pool they will not conflict with prior contests.
On Long Island, the Nassau and Suffolk Crime Stoppers groups have separate budgets, separate staffs, separate reward pools, even separate hotlines -- 1-800-244-TIPS 1-800-244-TIPS 1-800-244-TIPS 1-800-244-TIPS
Citibank has offered a new Facebook app that lets members of its ThankYou rewards program pool points with friends and family.
Participants were explicitly told that the outcomes were determined by the program such that in the win condition, the program randomly chose one reward pair from a reward pair pool, while in the loss condition, it chose one loss pair from a loss pair pool.
He started with Michael Milken's junk bonds; by the early twenty-first century, it seemed as if half the hedge funds, private-equity funds, and other high-risk, high-reward capital pools were heavily into Las Vegas.
