Top 10 nicholasdecker.substack.com Wettbewerber

marginalrevolution.com

Small Steps Toward A Much Better World

astralcodexten.com

P(A|B) = [P(A)*P(B|A)]/P(B), all the rest is commentary. Click to read Astral Codex Ten, by Scott Alexander, a Substack publication.

nber.org

founded in 1920, the nber is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

arxiv.org

A system of non-tradable credits that flow between individuals like karma, hence proposed under that name, is a mechanism for repeated resource allocation that comes with attractive efficiency and fairness properties, in theory. In this study, we test karma in an online experiment in which human subjects repeatedly compete for a resource with time-varying and stochastic individual preferences or urgency to acquire the resource. We confirm that karma has significant and sustained welfare benefits even in a population with no prior training. We identify mechanism usage in contexts with sporadic high urgency, more so than with frequent moderate urgency, and implemented as a simple (binary) karma bidding scheme as particularly effective for welfare improvements: relatively larger aggregate efficiency gains are realized that are (almost) Pareto superior. These findings provide guidance for further testing and for future implementation plans of such mechanisms in the real world.

jstor.org

jstor is a digital library of academic journals, books, and primary sources.

aeaweb.org

How much do poor people actually support redistribution?

realclearpolicy.com

With this week’s GOP primary debate, the race for the White House is well underway. But beyond the campaign rallies and political ads lies a complex system that governs how the U.S. elects its p

oecd-ilibrary.org

Insights and context to inform policies and global dialogue