Sunday, July 08, 2007

Proposal: Trust me… I won’t cancel!

Adminned at 11 Jul 2007 01:39:42 UTC

In the first paragraph of Rule “Escrow”, immediately after the sentence “These conditions, along with the Products at stake, are specified within the body of the post.”, add the sentence

The body of the post may optionally contain a paragraph that clearly identifies the post’s “Expiration criteria”.

In the third paragraph of that Rule, replace the clause

Until that point, the original posting Corporation may take back the Products

with

Until that point, as long as all of the post’s “Expiration criteria” (if there are any) are satisfied, the original posting Corporation may take back the Products

Comments

Brendan:

07-08-2007 22:55:39 UTC

Can you outline a situation where this would be useful or necessary?  (That’s not an attack, I’m genuinely curious.)

Brendan:

07-08-2007 22:59:35 UTC

Never mind, I read Clucky’s Escrow and I see what you mean now.  But the last sentence doesn’t seem like it’s saying what you want it to.  Shouldn’t it be more along the lines of “Until that point, the original posting Corporation may take back the Products.  If at any time the post’s Expiration Criteria are met, the Escrow condition may no longer be triggered.”?

Hix:

07-09-2007 03:21:20 UTC

Hmm… maybe “Expiration Criteria” isn’t the best name, but that can be changed later.  I want Corporation X to be able to put Products in escrow, while making a binding promise that X won’t retract the offer before certain criteria are met.  As for why this would be useful….

Suppose I wanted to offer [corporation A] a reward if and only if [condition B] is true at time of [trigger C].  If I place the reward in escrow triggering on “B being true at time of C”, then I can’t be screwed, but I will probably not be trusted, since I can screw A by waiting for A to make B true, and then retracting the offer before C ever happens.  In order to make my offer trustworthy, I need to be able to assure A that the offer will not be retracted before C occurs.

Brendan:

07-09-2007 14:47:55 UTC

imperial

ChronosPhaenon:

07-09-2007 15:02:56 UTC

for

Kevan:

07-09-2007 16:38:06 UTC

for

Denis Brandao:

07-09-2007 17:46:10 UTC

for

Josh:

07-11-2007 08:38:50 UTC

for