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robinhanson's profile
Robin Hanson
Robin Hanson
Robin Hanson
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@robinhanson

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Robin HansonVerified account

@robinhanson

Let's skip witty repartee & position taking, & discuss enduring fundamental questions. (& my books: http://ageofem.com , http://elephantinthebrain.com )

Fairfax, VA
hanson.gmu.edu
Joined July 2007

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    1. Robin Hanson‏Verified account @robinhanson Nov 1

      Now that the Harvard suit reminds us to wonder how can we "fairly" admit college students, I remind the world that it would be fair to use prediction markets tied to many fair outcomes, like GPA, graduation rates, etc. https://www.overcomingbias.com/2012/12/college-admission-markets.html …https://www.economist.com/united-states/2018/06/23/a-lawsuit-reveals-how-peculiar-harvards-definition-of-merit-is …

      8 replies 5 retweets 28 likes
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    2. Nathaniel Bechhofer  🌐‏ @bechhof Nov 1
      Replying to @robinhanson

      There’s no consensus on what qualifies as fair. Part of what people want out of college admissions is general equilibrium changes, but few want to be explicit about their loss functions, so we get proxy arguments about fairness.

      1 reply 0 retweets 0 likes
    3. Robin Hanson‏Verified account @robinhanson Nov 1
      Replying to @bechhof

      I say it would be more fair to pick the outcome measures we want from admitted students. Some of those are fully within Harvard's control, so they could less complain of being polluted by a biased outside society.

      1 reply 0 retweets 0 likes
    4. Nathaniel Bechhofer  🌐‏ @bechhof Nov 1
      Replying to @robinhanson

      That doesn’t address how overall composition affects the outcome. There are standard cases for diversity of background and interests, and optimizing overall outcomes of that kind won’t work well with your proposal.

      1 reply 0 retweets 1 like
    5. Robin Hanson‏Verified account @robinhanson Nov 1
      Replying to @bechhof

      If one could specific how to measured the desired outcomes that one hopes diversity will produce, prediction markets could also be made on which policies would best produce those outcomes.

      1 reply 0 retweets 0 likes
    6. Nathaniel Bechhofer  🌐‏ @bechhof Nov 1
      Replying to @robinhanson

      That’s true, but this is just a specific application of futarchy.

      1 reply 0 retweets 0 likes
      Robin Hanson‏Verified account @robinhanson Nov 1
      Replying to @bechhof

      Indeed it is.

      1:51 PM - 1 Nov 2018
      0 replies 0 retweets 0 likes

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