https://mereth.dev/topics/market-design/Recent content in Market-Design on Mereth LabsHugoen_GBTue, 20 Jan 2026 00:00:00 +0530https://mereth.dev/problems/credential-competency/Tue, 20 Jan 2026 00:00:00 +0530https://mereth.dev/problems/credential-competency/<p>The labour market needs to sort people by what they can do. With no cheap, trustworthy signal of competence to go on, it falls back on the degree: a four-year, five-figure proxy that bundles thousands of unrelated skills into one credential and certifies none of them precisely.</p>