Chapter
Subsidizing Betting Markets to Induce Research
2:54:07 - 3:02:53 (08:45)
The subsidizing of betting markets is a way to induce more research into particular questions, such as the mass of the electron neutrino. This benefits research patrons, such as governments and foundations who want to ensure they are getting their money's worth from the research they fund.
Clips
The high cost of research creates a tax on young students and limits access to important information, while funding organizations prioritize prestige over practicality.
2:54:07 - 2:58:22 (04:15)
Summary
The high cost of research creates a tax on young students and limits access to important information, while funding organizations prioritize prestige over practicality.
ChapterSubsidizing Betting Markets to Induce Research
Episode#292 – Robin Hanson: Alien Civilizations, UFOs, and the Future of Humanity
PodcastLex Fridman Podcast
The use of betting markets to subsidize research and incentivize answering questions is discussed, along with an alternative method for measuring academic prestige through recent publications, job affiliations, grants, and invitations to speak.
2:58:22 - 3:00:40 (02:17)
Summary
The use of betting markets to subsidize research and incentivize answering questions is discussed, along with an alternative method for measuring academic prestige through recent publications, job affiliations, grants, and invitations to speak.
ChapterSubsidizing Betting Markets to Induce Research
Episode#292 – Robin Hanson: Alien Civilizations, UFOs, and the Future of Humanity
PodcastLex Fridman Podcast
Research prestige can be more accurately judged by looking at the details of past intellectuals and their impact on future research.
3:00:40 - 3:02:53 (02:12)
Summary
Research prestige can be more accurately judged by looking at the details of past intellectuals and their impact on future research. Subsidizing betting markets can be a tool to determine research outcomes and thus increasing research prestige.