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ieeexplore.ieee.org

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ieee.org

IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity.

dl.acm.org

acm digital library home page

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.

comsoc.org

the ieee communications society is a global community of engineers, practitioners and academics working together to advance communications technology for the betterment of humanity.

informs.org

BALTIMORE, MD, March 1, 2023 – New audio is available for media use featuring Renata Konrad. She’s an associate professor of business at the Business School of Worcester Polytechnic Institute. Konrad continues our series on trafficking. She focuses on human trafficking and America’s borders. This content is provided by INFORMS, the largest association for the decision and data sciences. What follows are four questions and responses. These responses were provided on February 27, 2023.

pmi.org

Welcome to PMI! Explore our project management certifications, resources, and global community to unleash your potential and drive your career forward.

shrm.org

Learn how to implement a holistic upskilling program that will transform your organization into an always-learning company.

asq.org

asq is a global leader in quality and consists of a community of passionate people who use their tools, ideas and expertise to make our world better.

ieee-security.org

Home page for IEEE TC on Security and Privacy