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tifr.res.in

tifr is a premier institute for research and education in india. it is a national centre of the government of india, under the umbrella of the department of atomic energy, as well as a deemed university awarding degrees for master's and doctoral programs.

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.

researchgate.net

Access 160+ million publication pages and connect with 25+ million researchers. Join for free and gain visibility by uploading your research.

iat.uni-stuttgart.de

die universität stuttgart ist eine führende technisch orientierte universität mit weltweiter ausstrahlung. ihr weg ist die interdisziplinäre integration von ingenieur-, natur-, geistes- und gesellschaftswissenschaften auf der grundlage disziplinärer spitzenforschung.

forschung-stromnetze.info

Informationsseite zur Projektförderung des Bundesministeriums für Wirtschaft und Energie im Energieforschungsprogramm

webmail.de

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