This method would have the immense benefit of turning a subjective "policy" into an objective algorithm, whereupon its direct impact could be measured numerically via simulations. As it stands, policy submissions are vague tomes of legal jargon with no measurable effects, coupled with a grandiose vision of implementation which is designed to elicit a positive emotional response from the electorate.
In the resource allocation example, each interested party would state the amount of the resource they currently receive, the minimum amount they need to survive, and the maximum amount they could use efficiently, and their expected revenue in all cases (if they are a commercial resource user). They could also indicate their relative satisfaction with the various allocation algorithms proposed by engineers and others. Independent audits could determine how essential a given resource or resource user's product is to the economy, and how efficient the various resource users are.
I'd expect this would require less supporting staff than our current legislative system. Right now, each representative has his or her own complete advisory staff. If the same data is shared by everyone, you'd only need enough people to audit the data, algorithms, and visualization systems to avoid manipulation of outcomes, freeing up current staffers to contribute directly to the economy.