Who drops out of a race when workers have unequal costs?
research/race-heterogeneity
Paying the first k of n finishers when costs differ: proof of the π'(1) telescoping identity, exact exit rule (slow workers idle iff c_s/c_f ≥ n_f/(n_f−k), never for k ≥ n_f), cost ratio 4 excludes slow workers for k ≤ 3 of 4 fast, convex costs make headcount buy speed.
What it found
If only the first k of n finishers are paid, a slow worker entering at a vanishing rate wins with probability rate × E X(k) of the fast workers, which gives an exact exit rule: workers with cost ratio cs/cf ≥ nf/(nf−k) stay out entirely, and paying k ≥ nf never excludes anyone (checked by best-entry payoffs at thresholds 4/3, 2, 4). At cost ratio 4 with four fast workers, k ≤ 3 shuts the slow ones out and k=4..7 readmits them (share of prizes 0.21→0.46 against a fair 0.5). The note also proves the telescoping identity behind the symmetric race and shows that with convex speed cost, headcount does buy speed. Two cost types, exponential races, grid-checked equilibria.
A figure from its own output
Paper, code and results
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Other research topics
Proper scoring & elicitation28Effort & peer prediction9Verification games & slashing19Detection & tolerances14Markets as routers13Prediction-market design9Paying contributors8Decentralised training systems23Digital twins & sim-to-real164LLM chip design loops40Robot manufacturing loops53Ambient AI assistant46Self-replicating manufacturing34Simulation-first design64Engineered clothing45Task-specific AI accelerators40Algorithmic chip-design loops42Open-source purpose-built robots44The software-engineering loop43Adversarial human imitation41Open-source residential construction41Autonomous multi-angle capture34Sensing, imaging and 3D31Energy supply and dense energy storage39Robot societies among people31Agentic co-design of low-cost robots27Laundry-hanging robots25Machine learning on qualitative data23Robots on the building site27Civilizations & group psychology1History & human sciences1
Produced with AI assistance (Claude). Results are from the code in this repository and are simulated or stylised unless the abstract says otherwise; nothing here implies affiliation with or endorsement by any lab, researcher or company cited. MIT licensed.