I think for difficult questions it is helpful to form both an inside view (what do I think) and an outside view (what does everyone else think). Pay is an indicator of the outside view. In an altruistic market how good an indicator it is depends on how much you trust a few big grantmakers to be making good decisions.
I think for difficult questions it is helpful to form both an inside view (what do I think) and an outside view (what does everyone else think). Pay is an indicator of the outside view. In an altruistic market how good an indicator it is depends on how much you trust a few big grantmakers to be making good decisions.