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.
The HIF in particular is very closely related; that’s roughly what I imagine an early implementation looking like.
Thanks for the pointers.
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.