So, as a self-professed mechanism geek, I feel like the Shapley Value stuff should be my cup of tea, but I must confess I’ve never wrapped my head around it. I’ve read Nuno’s post and played with the calculator, but still have little intuitive sense of how these things work even with toy examples, and definitely no idea on how they can be applied in real-world settings.
I think delineating impact assignment for shared projects is important, though I generally look to the business world for inspiration on the most battle-tested versions of impact assignment (equity, commissions, advertising fees, etc). Startup/tech company equity & compensation, for example, at least provides a clear answer to “how much does the employer value your work”. The answer is suboptimal in many ways (eg my guess is startups by default assign too much equity to the founders), but at least it provides a simple starting point; better to make up numbers and all that.
So, as a self-professed mechanism geek, I feel like the Shapley Value stuff should be my cup of tea, but I must confess I’ve never wrapped my head around it. I’ve read Nuno’s post and played with the calculator, but still have little intuitive sense of how these things work even with toy examples, and definitely no idea on how they can be applied in real-world settings.
I think delineating impact assignment for shared projects is important, though I generally look to the business world for inspiration on the most battle-tested versions of impact assignment (equity, commissions, advertising fees, etc). Startup/tech company equity & compensation, for example, at least provides a clear answer to “how much does the employer value your work”. The answer is suboptimal in many ways (eg my guess is startups by default assign too much equity to the founders), but at least it provides a simple starting point; better to make up numbers and all that.