'Mathematics' Trends
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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.
Sage is a global academic publisher of books, journals, and library resources with a growing range of technologies to enable discovery, access, and engagement
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mathematical football predictions and statistics for more than 700 leagues. match previews, stat trends and live scores.
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Science news and long reads from expert journalists, covering developments in science, technology, health and the environment on the website and the magazine.
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Compute answers using Wolfram's breakthrough technology & knowledgebase, relied on by millions of students & professionals. For math, science, nutrition, history, geography, engineering, mathematics, linguistics, sports, finance, music…
Math explained in easy language, plus puzzles, games, worksheets and an illustrated dictionary. For K-12 kids, teachers and parents.
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Cal State East Bay serves the Bay Area as part of the California State University system, providing access to higher education for a diverse student body.
Mathletics is an engaging online math program used by over 1 million+ students. Designed to deliver fun and rewarding math to your learners, wherever they are.
Delaware Technical Community College is a statewide institution of higher education, providing academic, technical, and workforce training opportunities.
calculateme.com is a tool that helps you convert between various things.
Wikibooks is a Wikimedia community creating a free library of educational textbooks that anyone can edit.
Illuminating mathematics, physics, biology and computer science research through public service journalism.
