All articles tagged with #public good
The article discusses concerns about the potential manipulation and loss of trust in government statistics, highlighting historical examples, recent political interference, and the importance of reliable data for decision-making, emphasizing that while private data sources can supplement, they cannot replace official statistics as a public good.
A study conducted by researchers from multiple institutions suggests that rewarding individuals for contributing to a virtual public good, such as online ratings, can improve the accuracy and overall quality of the resource. The study used a simulation involving over 500 participants and found that incentivizing contributions increased the proportion of individuals who left ratings from 35% to 70%. Free riders who responded to incentives provided higher quality evaluations and balanced out over-optimistic ratings from intrinsically motivated contributors. The findings have implications for online rating systems and other collective action problems.