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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.

overleaf.com

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openreview.net

Promoting openness in scientific communication and the peer-review process

jst.go.jp

POLICY DOORは、研究と政策と社会をつなぐメディアです。シーズとしての科学を現実の課題解決に活用しようとする研究について発信します。

jglobal.jst.go.jp

j-global 科学技術総合リンクセンターは、国立研究開発法人科学技術振興機構（jst）が運営する、無料で研究者、文献、特許などの科学技術・医学薬学等の二次情報を閲覧できる検索サービスです。検索結果からjst内外の良質な一次情報等へ案内します。

jrecin.jst.go.jp

イノベーション創出を担う研究人材のためのキャリア支援ポータルサイト

dl.acm.org

acm digital library home page

journals.aps.org

physical review journals

nature.com

Nature is the foremost international weekly scientific journal in the world and is the flagship journal for Nature Portfolio. It publishes the finest ...