How do you identify the most stable carbocation? Is it the one with more bulky substituents?

Stability of the carbocation increases with the number of alkyl groups linked to the charge-bearing carbon. Tertiary carbocations are the most stable.

http://www.personal.psu.edu/the1/carbocat.htm

To identify the most stable carbocation, one commonly looks at the stability factors that affect the stability of carbocations. Bulky substituents can indeed contribute to the stability of a carbocation, but they are not the only factor to consider.

The stability of a carbocation depends on three primary factors:

1. Degree of Substitution: Carbocations are stabilized by adjacent carbon atoms that can donate electrons through sigma bonds. The more alkyl groups (methyl, ethyl, etc.) attached to the positively charged carbon, the more stable the carbocation becomes. This is due to the increased electron donation from the alkyl groups, which helps in delocalizing the positive charge.

2. Resonance: If a carbocation can undergo resonance, it becomes more stable. Resonance occurs when the positive charge can be delocalized over multiple atoms through pi-bonds or lone pairs. This helps distribute the positive charge over a larger area, making the carbocation more stable.

3. Hyperconjugation: This is a phenomenon where the overlap of sigma bonds adjacent to a carbocation allows electron density to be shared with the positively charged carbon. The more adjacent sigma bonds available for hyperconjugation, the more stable the carbocation becomes.

Considering these factors, the order of stability for carbocations can be summarized as follows:

1° < 2° < 3° carbocation (based on degree of substitution)
Carbocations with resonance are generally more stable than those without.
Carbocations with more hyperconjugation opportunities are generally more stable.

So, while having bulky substituents can increase the stability of a carbocation to some extent, it is not the only determining factor. It is important to consider the overall degree of substitution, resonance, and hyperconjugation effects to identify the most stable carbocation.