I'm not a game theorist, but wouldn't people just game SpecArena the same way spammers game digg and reddit now? By 'game' I mean automatically rate the competition with low scores and have voting-gangs/bots give their own submissions high scores.<p>Except it would probably be worse because there would be more at stake.
I've often thought about applying a similar model to the book publishing industry.<p>Technologically, this is fairly simple. The hard part is getting people to use it.
I actually like it a lot.<p>I had a little to do with movies (a friend of mine was nominated for an Oscar two years ago and we had some discussions about starting a company together in the film biz) and my (limited) experience would suggest that you would run into the following problems:<p>- They are a dead conservative bunch. It is hard to convince them to try something new.<p>- There's a lot of politics and who-knows-who that you would have to overcome<p>- Instead of having just a few people read through a script maybe it should be free for all to read through and rate. That way you will have a good selling point to Hollywood - "hey - 500.000 people read this script and rated it, they will all go see the movie when it comes out. And bring their friends and family!"<p>- Marketing will be the hard part. You actually have to get people to use the damn thing...<p>I think that you income model should probably be to take a cut of the selling price for a script. They aint cheap you know...<p>Just some thoughts...