101The unwatched notice
The Recognition Engine: Continuous Cheap Attention on Discontinuous Payoffs
A recognition engine keeps a recurring watch on named sources and brings documented changes to an owner while there is still time to respond.
Prepare for a decision
The watch prepares a case for its owner
For a grant notice, the useful output is the original source, eligibility conditions, response window and an application draft with gaps exposed. The owner decides whether to pursue it. Recognizing a shadow option does not secure a right. Averted losses also need a counterfactual, as the prevention paradox explains.
The cost of receiving
More notices still need someone to read them
In Simon's 1971 essay, information consumes its recipient's attention. He asks organizations to count the time spent receiving it. A faster feed can increase that burden; its value depends on what the recipient can use.
A wealth of information
A wealth of information creates a poverty of attention
Herbert A. Simon, excerpt from “Designing Organizations for an Information-Rich World,” 1971, pp. 40–41
The scarce resource belongs to the recipient. A watch that sends fewer messages can still fail if its flags take too long to check.
Selective attention
Leaving a source unwatched can be a rational choice
Sims (2003)00029-1) models decisions constrained by finite information-processing capacity. Gabaix (2014) models selective attention, with unattended variables represented by defaults. Neither is a study of grant feeds. Applied here, a low expected return from checking can leave a feed unwatched; that does not establish that nothing has changed.
A cheaper scan is useful only if the whole watch pays
Count scanning, verification, process and interruption, including time spent on false alarms: the quadrant is a price. A valid check must fit the claim and the available budget and time. Cheap retrieval alone does not make eligibility, valuation or relationship judgment cheap.
A bounded watchlist
Another source may become worth checking
Kirzner's Competition and Entrepreneurship (1973) places entrepreneurial alertness at the center of market discovery. His later account distinguishes discovery from deliberate search. Stigler (1961) studies search costs and expected returns. A recurring watch combines these ideas as an operating proposal. It can widen a selected watchlist; it cannot guarantee discovery or a reliable reference class.
The evidence routes
Route the record according to its evidence
A missing-source record stays outside automated alerts. A sourced case without a reliable comparison reaches the owner as unfamiliar; further checking may never make it routine. Where a reference class holds, carry the base rate it supports. The base-rate trap rules out treating a persuasive flag as evidence of a high success probability.
- Retrieve the original source and response window
- Assess eligibility and what comparable cases support
- Expose missing comparisons and prepare the next step
- Send the record to a named owner for judgment
Opportunity and exposure
The watch can surface a possible gain or a dependency
A grant notice can reveal a candidate move. A late supplier reply can prompt a conversation about a latent exposure; it does not by itself diagnose a failing relationship. Both need recognition before a decision, sizing before commitment, and access to records that might otherwise stay unread.
Keep the watch accountable
Keep the source, the next check and the owner visible
Choose a source that could change before the next review. Record when to check it again, what would justify an interruption and who owns the response. Review the time spent and the useful decisions supported. A watch that costs more attention than it saves needs to change. Return to the noticing thesis.