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wedrifid comments on $100 for the best article on efficient charty - the winner is ... - Less Wrong Discussion

19 Post author: FormallyknownasRoko 12 December 2010 03:02PM

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Comment author: wedrifid 12 December 2010 03:26:12PM 9 points [-]

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

Altruistic selfishness. I approve!