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nature.com

Nature is the foremost international weekly scientific journal in the world and is the flagship journal for Nature Portfolio. It publishes the finest ...

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.

overleaf.com

An online LaTeX editor that’s easy to use. No installation, real-time collaboration, version control, hundreds of LaTeX templates, and more.

simonsfoundation.org

Simons Award Manager (SAM) FAQ and Instructional Videos on Simons Foundation

llnl.gov

More than 300 Lawrence Livermore National Laboratory (LLNL) employees, government officials and industry leaders gathered at LLNL on Jan. 9 to celebrate the dedication of El Capitan, the world's fastest supercomputer. The event marked a monumental achievement with the acceptance and deployment of the first exascale computing system built for the National Nuclear Security Administration (NNSA), a historic milestone in national security and scientific computing recognizing the collaborative efforts of government, industry and scientific leaders. An exascale computer can perform more than