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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.

urc.ucdavis.edu

Congratulations to the 2025 awardees!Hanson Family Undergraduate Research Publication AwardAidan Baraban, Neurobiology, Physiology and BehaviorTiffany Chan, Biomedical EngineeringShreya Chandra, Aerospace Science and EngineeringGrace Heringer, Neurobiology, Physiology and Behavior

ceitec.eu

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uscpublicdiplomacy.org

TECHNICAL REQUIREMENTS, OUTSIDE WORK, GROUP ASSIGNMENTS The CPD Summer Institute takes place in person at the USC Campus in Los Angeles, California. Participants should bring a laptop and smart phone for all sessions. Please ensure that you also have chargers on hand each day as we do not have chargers to loan. You will need to set up free accounts for various websites, platforms and digital content creation sites. Please connect with your respective IT departments to ensure internet connectivity, stability and access to web-based programs where you can create content and analyze data.