Establishing a norm of giving away prizes creates very bad incentives and will tend to decrease the degree to which prizes actually motivate people in the future
On the other hand, it decreases the degree to which prizes are spent on ice-cream or movie tickets rather than charity. Evaluating a course of action means weighing the upsides against the downsides, not just listing a downside.
Yes but in reality the amounts concerned are good value for what they get.
Part of the Efficient Charity Article competition. Several people have written articles on efficient charity. The entries were:
The original criteria for the competition are listed here, but bascially the idea is to introduce the idea to a relatively smart newcomer without using jargon.
Various people gave opinions about which articles were best. For me, two articles in particular stood out as being excellent for a newomer. Those articles were:
Throwawayaccount_1
and
Multifoliaterose's
articles.
I therefore declare them joint winners, and implore our kind sponsor Jsalvatier to split the prize between them evenly. Throwawayaccount_1 should also unmask his/her identity.
[I would also ask the winners to kindly not offer to donate the money to charity, but to actually take the prize money and spend it on something that they selfishly-want, such as ice-cream or movie tickets or some other luxury item. Establishing a norm of giving away prizes creates very bad incentives and will tend to decrease the degree to which prizes actually motivate people in the future]