I think credit allocation is extremely important to study and get right, because it tells you who to trust, who to grant resources to. For example, I think much of the wealth of modern society is downstream of sensible credit allocation between laborers, funders, and corporations in the form of equity and debt, allowing successful entrepreneurs and investors to have more funding to reinvest into good ideas. Another (non-monetary) example is authorship in scientific papers; there, correct credit allocation helps people in the field understand which researchers are worth paying attention to, whose studies ought to be funded, etc. As any mechanism designer can tell you, these systems are far from perfect, but I think still much much better than the default in the nonprofit world.
(I do agree that caringness is often a bigger bottleneck than funding, for many classes of important problems, such as trying to hire someone into a field)
I think credit allocation is extremely important to study and get right, because it tells you who to trust, who to grant resources to. For example, I think much of the wealth of modern society is downstream of sensible credit allocation between laborers, funders, and corporations in the form of equity and debt, allowing successful entrepreneurs and investors to have more funding to reinvest into good ideas. Another (non-monetary) example is authorship in scientific papers; there, correct credit allocation helps people in the field understand which researchers are worth paying attention to, whose studies ought to be funded, etc. As any mechanism designer can tell you, these systems are far from perfect, but I think still much much better than the default in the nonprofit world.
(I do agree that caringness is often a bigger bottleneck than funding, for many classes of important problems, such as trying to hire someone into a field)