A strong defense against online misinformation may be to administer a digital vaccine: Exposing yourself to common deception methods may help you recognize sensationalized headlines, misleading TikToks, or social media fabrications in the future. In collaboration with Google and its tech unit Jigsaw, a team of psychologists added short videos to YouTube’s ad lineup, educating people about how to spot common misinformation tactics. In an online campaign, they found these clips were an effective way to get people to identify what’s real and what’s fake news.

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In mechanism design, a Vickrey–Clarke–Groves (VCG) mechanism is a generic truthful mechanism for achieving a socially-optimal solution. It is a generalization of a Vickrey–Clarke–Groves auction. A VCG auction performs a specific task: dividing items among people. A VCG mechanism is more general: it can be used to select any outcome out of a set of…

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Globally, there is a widening divide in the wellbeing of people at the top of the
socioeconomic ladder and people at the bottom. Despite tremendous economic
growth, more than 75% of people in developing countries are living in societies that
are more unequal today than they were in the 1990s (UNDP 2013). In Organisation
for Economic Co-operation and Development (OECD) countries, the ratio of average
disposable income in the top versus the bottom decile now stands at 9.5; up from
around 7 in the 1980s (Keeley 2015).

Read More Intergenerational transmission of disadvantage in Australia