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lesswrong.com

A community blog devoted to refining the art of rationality

victorzhou.com

I was on an episode of The Changelog podcast!

arxiv.org

We perform a behavioral experiment of karma, a class of mechanisms for repeated resource allocation with attractive fairness and efficiency properties, in theory. Individuals in these mechanisms bid non-tradable credits that flow from resource consumers to yielders, like karma. Human subjects recruited on Amazon MTurk are repeatedly and randomly paired to bid karma according to time-varying and stochastic individual preferences or urgency to acquire resources. Treatments varied in the dynamic urgency process (frequent moderate urgency versus sporadic high urgency) and the richness of the bidding scheme (binary versus full range). Results are benchmarked against random allocation, and karma achieves a (almost) Pareto improvement over random, despite the MTurk subjects deviating significantly from the theoretically optimal Nash bidding policy. Maximum improvement is attained by subjects that deviate from Nash by up to one karma bid unit on average, and positive improvement is attained with average deviations of up to 3-4 bid units. These findings hold across all treatments, among which no significant differences are found, with the exception of the sporadic high urgency process with binary bidding treatment being (weakly) favorable over others. These results offer behaviorally robust lower bounds for the expected performance of karma in human populations. They also provide guidance for future testing and implementation of karma mechanisms in the real world.

substack.com

The app for independent voices

emilysuess.com

"I wanted to let you know that we filed our class suit against them on Friday in the SDNY." Yep, Author Solutions was sued

brennanleemulligan.com

Dear Hank & John A clip wherein Brennan explains a theory of comedy to Hank Green & Pat Rothfus. Oren Cohen Brennan […]

secfi.com

Maeve is an AI assistant built to handle the complexities of equity questions and calculations.

katiegetscreative.com

Welcome to my cozy corner where I share from scratch cooking and baking recipes, farm life, knitting, crocheting and sewing. There's a warm plate of cookies waiting, come visit!

nataliefisher.ca

Discover how to assess if a goal is worth pursuing, overcome limiting beliefs, and gain clarity on what genuinely matters to you.

loomery.com

A collection of articles and insights on the latest in strategy, design, technology, business and culture.