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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.

scholar.google.com

google scholar provides a simple way to broadly search for scholarly literature. search across a wide variety of disciplines and sources: articles, theses, books, abstracts and court opinions.

agroscope.admin.ch

Das Arbeitsprogramm 2026 bis 2029 von Agroscope greift die wichtigsten Herausforderungen der Schweizer Land- und Ernährungswirtschaft, insbesondere der landwirtschaftlichen Praxis auf. Es ist stärker als bisher auf Wirkung und Praxisnutzen ausgerichtet.

mendoza.conicet.gov.ar

Sitio oficial del Centro Científico Tecnológico CONICET Mendoza

hi.no

The Institute of Marine Research (IMR) is the biggest research institute of its kind in Europe, with over 1,000 employees. Our main activities are research, advisory...

noc.ac.uk

The National Oceanography Centre (NOC) is committed to protecting the privacy and security of your personal information and being transparent about what we do with it.

pkn.pl

komunikaty prezesa pkn zawierają wykazy pn oraz informacje o dopuszczeniu do stosowania w ocenie zgodności pn wycofanych. celem działalności edukacyjnej pkn jest przybliżenie społeczeństwu ...1