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Joshua_Blaine comments on New Monthly Thread: Bragging - Less Wrong
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I've had an idea that should encourage more awesome: REWARDS. Now, I don't currently have much expendable income (Though I expect that to change soon, while also expecting that expectation to be false.), but I suspect $50 given to the top commenter (after a several days wait) could make for some nice incentives. Thoughts on that?
Communal donations to the reward pool could ease my personal burden, and increase the scope of the prize as the scope of participation also increases.
note: I'm not doling out rewards for this thread, but I may implement something in future threads.
edit: I'm offering you money and getting negative feedback because of it... cool. :D
I expect cash rewards would mostly encourage lying.
top comment gets money donated to charity of their choice, unless proven (to MY satisfaction) that they really actually did what they say they did.
Of course, I'm reconsidering the reward plan anyway, as I now consider the overjustification effect to be potential problem. (Thanks to this comment)
Should we worry about the overjustification effect with this? Or creating incentives for social and technical hacking when the site doesn't seem to have a great deal of moderator resources for counteracting either?
You're right. I've now got new information. Excuse me while I go try and discard my idea, and rethink the potential benefits of rewards again.
That sounds like a fantastic way to expose perverse incentives in the karma system, but there are probably cheaper ways of doing so.
Top commenter by karma or some other way?
Opinion of the person giving the money seems reasonable.