2
402
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.
+ 5
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Followup post:
https://read.cash/@im_uname/a-stronger-case-for-voluntary-investing-in-public-works-6d7f4314