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'If I had a hedge fund, I would cure diabetes': endogenous mechanisms for creating public goods
We consider the problem of organizing capital to produce public goods with broad societal value. We review why market corrections via government subsidies or philanthropic initiatives are inadequate, in addition to considering the paradox of patents. Our proposed mechanism (an Ever-growing Prize and...
Autores principales: | Liechty, John, Wuyts, Stefan |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer International Publishing
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8419655/ https://www.ncbi.nlm.nih.gov/pubmed/34778817 http://dx.doi.org/10.1007/s43546-021-00115-z |
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