Byrne comments on Marginally Zero-Sum Efforts - Less Wrong

20 Post author: Eliezer_Yudkowsky 11 April 2007 05:22AM

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Comment author: Byrne 11 April 2007 02:10:56PM -1 points [-]

You're ignoring the information effects. Your point is valid if every applicant applies only for the best possible grant, but if there are 20 applicants and 20 funders, the odds of that are low -- and the more applications per researcher, the higher those odds get.