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cambridge-colleges.co.uk

Cambridge is world famous but it would almost certainly not be so if it were not for the presence of the esteemed Cambridge University.

thecambridgestudent.co.uk

‘This yellow matter, amber droplets shaken from my breath, are these the only gold wrought by my alchemy?’ So asks Dr. John Dee in Alan Moore’s libretto for an unfinished opera which dramatizes the dying alchemist. Now improvised, much of his family perishing to the plague, Dee questions his own q

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.

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isaacscience.org

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diseasesofmodernlife.web.ox.ac.uk

We are beyond excited to announce that 'The Victorian Speed of Life' project has won an University of Oxford Vice-Chancellor’s Public Engagement with Research Award.