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kenanmalik.com

This essay, on the relationship between white nationalism and the politics of identity, was my Observer column this week. (The column included also a short piece on ‘offshoring’ migrati…

bloomberg.com

Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News

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.

researchgate.net

Access 160+ million publication pages and connect with 25+ million researchers. Join for free and gain visibility by uploading your research.

journals.sagepub.com

subscription and open access journals from sage publishing, the world's leading independent academic publisher.

semrush.com

Semrush One is where you track, optimize, and win—everywhere customers search. One connected solution for Google and AI search.

o.pl

Zanurz się w fascynujący świat Dariusza Gabora – jego osiągnięcia zawodowe i osobiste pasje.

readingrecap.com

A devastating fire tore through a historic Victorian home at 186 Summer Avenue in the early hours of Wednesday, July 9th leaving the community in shock. The blaze, which also consumed a barn on the…

transylvaniatimes.com

Brevard’s Silversteen Memorial Park teamed with musicians, food trucks and pop-up tents Saturday.