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0 sats \ 1 reply \ @south_korea_ln OP 12 Dec \ parent \ on: Journal pays peer reviewers in cryptocurrency science
Funny, this random post keeps me thinking. I wonder if there is a good way to do this:
  • good research
  • quality referee service
  • minimal cost to the reader (few sats?)
  • minimal cost to the authors
  • quality editing services
  • minimal rent-seeking costs
  • difficulty to game the system
  • ...
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0 sats \ 0 replies \ @SimpleStacker 12 Dec
Probably not, lol. I think that knowledge, being non-rivalrous and non-excludable, is difficult to produce by via standard market mechanisms.
There's a theorem in economics known as Arrow's Impossibility Theorem, which sets bounds on what kinds of social objectives are achievable in settings with diverse preferences but a single choice that must be made affecting everyone. I wouldn't be surprised if there's an analogous theorem for knowledge production.
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