Hi HN! We were inspired by Radical Markets to set up a Harberger Tax on all our leaderboard spots. This means that instead of trying to make good predictions in our markets in the hopes of turning a profit, users can just buy a leaderboard position directly.
Harberger Taxes are cool because they present a possible solution for how to efficiently assess, for example, land values in the real world. I'm super excited to be prototyping out this new mechanism, and to see how Harberger Taxes function in the real world! We have more details on the implementation on our Substack: https://manifoldmarkets.substack.com/p/below-the-fold-manafo...
