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ui.adsabs.harvard.edu

a powerful, streamlined new astrophysics data system

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.

science.nasa.gov

This Hubble Space Telescope visible light image of the Trifid Nebula marks the 36th anniversary of the mission's launch on April 24.

academic.oup.com

Oxford Academic

adsabs.harvard.edu

All your questions will be answered here.

eso.org

Welcome to the most powerful astronomical observatories in the world.

stsci.edu

The Space Telescope Science Institute presents live and archived webcasts that examine an array of science, technology, and business topics.

iop.org

Promoting physics and bringing physicists together for the benefit of all