Also there’s a post on “vetting-constrained” I can’t recall off the top of my head. The gist is that funders are risk-adverse (not in the moral sense, but in the relying on elite signals sense) because Program Officers don’t have enough time / knowledge as they’d like for evaluating grant opportunities. So they rely more on credentials than ideal
How Much Does Performance Differ Between People by Max Daniel and Benjamin Todd goes into this
Also there’s a post on “vetting-constrained” I can’t recall off the top of my head. The gist is that funders are risk-adverse (not in the moral sense, but in the relying on elite signals sense) because Program Officers don’t have enough time / knowledge as they’d like for evaluating grant opportunities. So they rely more on credentials than ideal
Thanks, this is the kind of source I’m excited about!