For $50-$100 probably should all go to the winner, but might want to divide it up if you get more responses.
For compelling reasons not to run a cash prize contest, there’s a chance people might be discouraged from entering via a low prize (not saying this is the case, just that this is possible). That said, it sounds like an entirely appropriate amount for questions like—“What is the most effective way to run a cash-prize EA essay contest?” as it doesn’t require as much effort to write an essay on this topic as on other topics which would require more research.
It also might be the case that the contest needs to be run by someone with high social status or endorsed by an EA organisation in order for people to care about winning.
For $50-$100 probably should all go to the winner, but might want to divide it up if you get more responses.
For compelling reasons not to run a cash prize contest, there’s a chance people might be discouraged from entering via a low prize (not saying this is the case, just that this is possible). That said, it sounds like an entirely appropriate amount for questions like—“What is the most effective way to run a cash-prize EA essay contest?” as it doesn’t require as much effort to write an essay on this topic as on other topics which would require more research.
It also might be the case that the contest needs to be run by someone with high social status or endorsed by an EA organisation in order for people to care about winning.