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I've been known to stand in front of large groups of people, pacing back and forth, waving my hands furiously and talking. I used to get panic attacks when I di

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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.

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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.

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In February, sophomore Smeena Gill was calling races as a coxswain for the Ithaca College women’s rowing and sculling team. After walking on as a first-year student, Gill quickly rose through the team’s ranks. She went from being the novice eight’s coxswain to calling the shots for the second varsity eight boat during Fall 2025.

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