“We want those with the best ideas to rise to the top.” - Isn't random choice rewarding *random* ideas rather than the best ones?
A growing number of research agencies are assigning money randomly.https://ift.tt/2Oq9t2S
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Saying what's "best" is only possible in hindsight. The question is whether giving funding to those ideas that *seemed* most promising according to accepted opinion, beforehand, misses out on some of the (in hindsight) best ideas. An additional random element can help there.
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