Blunt Honesty, Incentives, and Knowledge Exchange
Bruce Knuteson
TL;DR
This paper introduces a straightforward mechanism for trading blunt, honest information that could significantly accelerate scientific progress by enabling efficient knowledge exchange.
Contribution
It presents a novel, simple mechanism for incentivizing the exchange of honest information in a for-profit, arm's length setting.
Findings
Mechanism encourages honest information sharing.
Potential to accelerate scientific progress.
Facilitates for-profit knowledge exchange.
Abstract
We propose a simple mechanism to facilitate the buying and selling of useful, bluntly honest information. The for-profit, arm's length knowledge exchange this mechanism enables may dramatically increase the pace of scientific progress.
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