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    Incentive Design Entry #0393

    The reason peer review rewards caution

    A reviewer who wrongly rejects is never identified. A reviewer who wrongly accepts is named in the record, and the two errors are not priced alike.

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    The hidden part #0393

    The two errors of review are not priced alike. A missed discovery is anonymous and a published mistake is attributable, so caution is the cheaper mistake.

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