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Voluntary investing in public works with or without assurance contracts

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Written by   102
10 months ago

Without assurance contracts:

With assurance contracts:

With Dominant Assurance Contracts :

*Note that you can mimic dominant assurance contracts even without a risktaking entrepreneur by offering benefits for pledges, such as good publicity for partaking in an assurance contract.

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10 months ago

This is what we need. Fixing the incentives for charity. Thanks for doing research on this.

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10 months ago