Interesting results coming in regarding the recently held DARPA balloon challenge!
From the WSJ:
A team of researchers at the Massachusetts Institute of Technology won $40,000 from Darpa after correctly identifying the locations of 10 weather balloons launched across the country.
The challenge was set up to test how social networks function when participants have to trust one another and when they have to work under a deadline.
Teams employed a variety of strategies to garner information from the public. Some teams offered a cut of the prize money, or built iPhone applications, while others offered prizes instead of cash. Others pledged to donate the money to charity.
The winning team from MIT used a combination of the above strategies by soliciting information from the public and paying for it in staggered amounts. Good, original leads were worth $4,000, corroboration was worth $2,000, and any remaining money was donated to charity.
See more on the WSJ Blog
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