Hi Everyone,
We have now reached the voting stage of Challenge 4. Steemians now have the opportunity to vote for the winner of Challenge 4 of the Spectrum Economics 6 Week Challenge.
For Challenge 4 we have five entries, I think this challenge proved quite difficult for most Steemians but I certainly appreciate the effort put in by those that entered. The entrants are as follows:
Quick recap of the challenge
For Challenge 4, participants were required to conduct an economic analysis of several possible investment options and then offer advice regarding how money should be invested. The participants were provided with quantitative as well as qualitative information. The question recommends the use of cost benefit analysis (CBA) but other forms of quantitative analysis can also be accepted. If the participants deem information is insufficient for a meaningful quantitative analysis, qualitative analysis of the information is also acceptable.
The most important area to address in the question is the recommendation of how the money should be used to improve the infrastructure of the town. Creative responses are also encouraged. The responses should also be expressed so that everyday Steemians can understand the logic behind the arguments. Economic terminology can be used but needs to be clearly explained.
Here is a link to the original Challenge 4 post
What have our participants proposed?
Entrant 1 @lavanyalakshman
Let’s start with @lavanyalakshman. @lavanyalakshman has taken a very broad approach to investment. @lavanyalakshman recommends small investments in all five proposed areas. Unfortunately, the options proposed do not align with the available options presented in the question. E.g. there is not a $0.5 Million stadium option or a $1.5 Million dam option. The post did not cover the logic supporting the recommendations. There was an absence of either quantitative or qualitative analysis.
This post can be accessed using the following link
Entrant 2 @luisveco88
Our next entrant is @luisveco88. @luisveco88 recommends building a $3 Million Football Stadium with a capacity of 3,000 supporters and upgrade the school to cater for another 60 students. @luisveco88 used a qualitative analysis based on projected population growth rates to justify the upgrade to the school. @luisveco88 made some assumptions regarding future growth relating to football as well as other possible utility for the stadium.
This post can be accessed using the following link
Entrant 3 @wireless07
Our next participant is @wireless07. @wireless07 has taken a broad approach to investment. @wireless07 recommends upgrading the hospital and dam as well as adding 2 additional bus services and the construction of a small football stadium. @wireless07 did not recommend any upgrades for the school. @wireless07 has attempted to incorporate value of human life as well as population growth into the decision-making. Overall, the approach can be considered more qualitative in nature than quantitative.
This post can be accessed using the following link
Entrant 4 @ojmg
Our fourth entrant is @ojmg. @ojmg has proposed investing $3 million in upgrading the hospital and $2 Million in upgrading the local dam. @ojmg has taken a qualitative approach to analysing the investment opportunities of the town. @ojmg explained the rationale behind the investment recommendations. @ojmg has also explained at the beginning of the post what a CBA is and has shown some understanding of how a CBA should be conducted. This is definitely a strong aspect of this post. @ojmg also highlighted a potential bias in the survey data collected.
This post can be accessed using the following link
Entrant 5 @patymm
Our final entrant is @patymm. I almost missed your submission as you did not include the link to your post in the comments section; next time please follow instructions. @patymm has chosen to recommend investment of $1M Million in upgrading the school, and $2 Million in upgrading both the hospital and the dam. @patymm provided a simple qualitative analysis of the options and has provided sound logic to support recommendations. @patymm also highlighted the flaws in the survey and has chosen to discard this information.
This post can be accessed using the following link
I apologise if I have missed any participants. I was working off the comments left in my post. I only found @patymm by accident. It is important to follow instructions or you could lose out.
How to vote
The winner will be decided by votes placed in the comments section; the post that receives the most votes wins. The winner will receive 5 SBD. I expect voting to be based on the quality of the post and ability to address the criteria of the challenge post. I do not want voting to be based on the author or relationship or friendship with the author. Each vote will also be rewarded with a very small upvote. The upvote is an incentive to vote as well as an incentive to view each post. I would also appreciate a brief explanation as to why a vote has been cast.
To vote, enter the entrant’s number in the comment section followed by a brief explanation of why the vote was cast. The entrant’s numbers are as followers.
- Entrant 1 @lavanyalakshman
- Entrant 2 @luisveco88
- Entrant 3 @wireless07
- Entrant 4 @ojmg
- Entrant 5 @patymm
Spectrum Economics Favourite Posts
For this challenge I am giving out 2 awards for my favourite post. My favourite post will receive 10 SBD and my second favourite post will receive 5 SBD. I will be judging the posts based on quality and ability to address the criteria of the challenge. The judging is independent to the voting. It is possible that the post that has the most votes could also win a Spectrum Economics Favourite post award.
I would like to thank all the participants for their effort spent putting these posts together. May the best post win.
Other Challenges underway
Challenge 5 has commenced and is still open to participants. Challenge 5 can be accessed using the following link.
Voting has officially closed. I will be announcing the winners soon. Thank you for taking the time and effort to look over the responses from our participants.
my vote is for the entry #4 @ojmg, as one of its main objectives is on hospital infrastructure, an extremely important issue that we should not neglect, I think that with the amount of money proposed by @ojmg surely both the people who work and patients, will feel more comfortable, as it could address the deterioration that may be presented in these hospitals. With regard to the water dam, it is also an important issue for society, because if you have a good dam, people will have a better quality of life and they will be able to cover their needs without any difficulty. I believe that this project could be developed without any problems, as all the points have been addressed in detail and the results would be excellent.
You have provided a really detailed explanation for your choice.
My vote is for entry number 2 because I liked your proposal, and the assumption of the population growth in the future and its influence on education and sports as a benefit for all.
My vote is for the entrant 2 I agree on your point for your investment, no doubt that what is said about sports and education is very successful, in several developed countries the student athletes have made these countries grow.
I vote for the entrant 4. @ojmg because it initially guided the entire community on what a CBA consists of which allowed the reader who does not know the subject to appreciate what the publication highlights, in addition to using a super simple vocabulary, likewise I agree with the proposed investments as they are paramount for any population.
My vote is for entrant #4, @ojmg because I liked that he based his analysis on the elementary deficiencies of the city, taking into consideration health and self-supply of water, thus placing human life above all else.
I vote for the Entrant N°4, because according to my opinion it fulfills the objective of the contest, fulfilling the agreed budget and apart from solving the health and water problems, it also achieved an additional income to the town for the sugar cane production, I hope without a doubt it will be the winner....
My vote is for the entrant 2 I really liked your approach in this challenge, I think that the population will be greatly benefited in the cultural aspect.
Entrant 2, I think it has a good futuristic vision.
I vote for Entrant N°4, since the post is well structured and very complete, it gives readers a general idea of what a Cost Benefit Analysis is, what I like best is that it is a humanistic analysis because it focuses on the welfare of the villagers without neglecting the income that can be generated.
My vote is for entry 4, I liked the approach he gave to the budget given as he first sought to solve the aspects where the people depended on third parties and from there generate income, also highlighted the bias of the survey and knew how to interpret it, that is very important.
Mi voto es para la entrada #4 la mejora hospitalaria es lo mejor de todo, porque teniendo una buena atención médica, condiciones y medicinas se pueden salvar muchas vidas y ya teniendo salud lo demás se consigue. La represa de agua es importante el agua es vida, la producción de muchos alimentos. Éxitos @ojmg
Entry 4 @ojmg, because he has a good project and the opportunity to win.
My vote is for the entrant 2 I really liked your approach in this challenge, I
Apoyo a @ojmg en la entrada # 4, muy de acuerdo con los objetivos principales como la infraestructura hospitaliaria y la presa de agua. Excelente!
My vote is for the participant #4 @ojmg who presents a project with a vision of future and progress, thinking about all the topics he develops, good luck.
Mi voto es para la Entrada #4 de @ojmg ya que la salud no tiene precio. Suerte a los demás participantes, excelentes planteamientos.
My vote is for entrant 2 (@luisveco88) because I think your proposal openly contributes to the cultural and social growth of the population...
1 vote for Entrant #3. Because of the value of life he brought into consideration
Entrant 3
For the fact that he addressed to the most pressuring issues
My vote is for participant Number 2, I think it is very good because it contributes to the sports, social and cultural sphere of society
my vote is for participant # 2, I really liked your proposal and the influence it has towards the sport.
Mi voto es para la numero 5 , porque me parece que el post está bastante claro y cumple con los objetivos establecidos
My vote is for participant number 2, I really liked your proposal for the future, without a doubt a good analysis.
Mi voto es para el participante numero 2, es una buena propuesta ayudara a que lo jóvenes inviertan su tiempo productivamente y no en ocio, me pareció interesante el estudio que hizo.
My vote is for the entrant 2 because he did a research and he is thinking about the future population and how they are gonna develop their activities in there.
Entrant #2, It seems to me very good interpretation and analysis, success to all...
Entrant 3 .. he gave a broad sense of investing as relating to the taste of other
Good luck to all
Entrant 3 recommends upgrading the hospital and dam as well as adding two additional bus services and the construction of a small football stadium. Which I see as a very good qualitative solution
Entrant 3 @wireless07. He gave opportunity for the best order upgrade the hospital to reduce dead and even built a stadium for recreational activity
My vote is for the entran 2. I am completly agry with him.
Agree all you like but that is not a reason in itself.
My vote goes to number 2 cuz he cconsiderate one they most important aspects and That is the growth of the population, without That Any analysis would have a big flaw. Besides he also think another uses for the stadium as well.
My vote is for Entrant 2 @ luisveco88 it seems to me an excellent idea so the boys doing sports stay healthy and far away from the vices, bad meetings that will serve as guides for others and for example luck .....
My vote is for the Entrant 2 @luisveco88
I like the way in which it analyzes population growth.
My votes is for Entrant 2 @luisveco88.
Regards!
My vote goes to Entrant #2 @luisveco88. Muffins Town needs a sports stadium. Playing on the school field is just not acceptable. If we are going to build a quality team we need a real place to play. You saw the survey results, the Harry Potter people want a stadium. The football fans want a stadium. @luisveco88, with his recommendations can bring that stadium to us.
I don't want to travel to another town to watch a team I don't really care about.
I also like the strong case he made for upgrading the school.
My vote is for the entrant 2, I think that investing in a stadium is the best option, since in addition to motivating the population to practice sports, it will generate economic dividends. Nowadays, sport is a totally commercial business, not only because of what fans can contribute, but also because of the publicity and marketing that a winning team can generate.
My vote is for entrant 2. I like your proposal because they are in marked to the area of education that is vital for the growth of every human being. Good job!!
Entrant 3 , its obviously the best
Why is this post obviously the best?
I vote for the entrant #2, it seems to me that this participant has a good vision regarding the construction of the soccer stadium and its possible utilities, besides improving the school for 60 students, good analysis. Good luck to everyone
I vote for entrant 3. Entrant 3 gave his budget structure to suit the commiunty and encourage the best form of survival.
Mi apoyo va sin duda para la entrada numero 2 del @luisveco88 , la motivación por el deporte lleva a que los jóvenes hoy en día se alejen mas de los malos hábitos , los indices delictivos se verías disminuido pues mayor cantidad de jóvenes practicarían deportes, así mismo se formarían al nivel educativo, excelente proyección.
Entrant 3 ... @wireless07. Consider average and good qualitative aspect
Why choose Entrant 3?
Entrant 3
I choose entrant 3 because the issue he talked about affect day to day life.
Entrant #3 .the post express the budget to allow refreshment and to safe guard life
Hmmm....nice write up from @wireless07
I support entrant 3
my vote goes to entrant 3. because his proffered solution will enhance better health benefits for the community.
I vote for entrant 2, i like his vision to contribute with sport and the posibility to use the stadium for others activity