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If you start from a low baseline of performance, you might get some positive boost. It's quite small, but you might get it. But if you are actually quite a high performer, then you risk getting worse. with this is called the inverse U-shaped curve.
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Razib Khan x.com
high vs low time preference is confusing because intuitively ppl think it should be inverted
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Over time that has sort of inverted completely. The private sector plus philanthropy now do about 70% of R&D and the and the government only does about 30.
7 August
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