sark comments on The efficiency of prizes - Less Wrong

25 Post author: lukeprog 03 April 2012 09:45PM

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Comment author: timtyler 04 April 2012 02:41:44PM 1 point [-]

The attraction of prizes that is relevant here is mostly to the prize awarders, not the prize recipients.

Comment author: sark 10 April 2012 08:10:09PM 0 points [-]

Surely the costs/benefits to everybody, including third-parties, counts. Surely the real issue is the ultimate economic efficiency of these prizes as a way to allocate our collective resources toward achieving the most collective benefit from solved problems.

Comment author: timtyler 11 April 2012 12:27:57AM *  0 points [-]

What counts depends on your perspective. Awarders and recipients have their own opinions on the issue.