11

Toby_Ord comments on Certificates of impact - Effective Altruism Forum

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (24)

You are viewing a single comment's thread.

Comment author: Toby_Ord 20 November 2014 11:12:36AM *  4 points [-]

You might be interested in:

http://en.wikipedia.org/wiki/Health_Impact_Fund

http://en.wikipedia.org/wiki/Social_impact_bond

Which are practical prize type solutions along similar lines.

Comment author: Paul_Christiano 20 November 2014 06:28:13PM 0 points [-]

The HIF in particular is very closely related; that's roughly what I imagine an early implementation looking like.

Thanks for the pointers.

Comment author: Phil_Thomas 20 November 2014 10:41:56PM 0 points [-]

This idea also reminds me a little bit of performance based incentives in aid, such as Cash On Delivery programs. Performance based incentives are relatively new, though, so I haven't been able to find many impact evaluations, although initial reports are promising for health interventions (1, 2). There was even talk a few years ago of creating a stock market for charities, but I don't think that has gone anywhere. Robert Shiller also proposed something called a Participation Nonprofit at one point where people would buy shares in a nonprofit then spend the returns on charities. All of those have elements of what you're talking about, but don't put it all together.