For many years now I’ve suggested solving various social problems via competing market-selected agents whose future financial payments track some kind of welfare; they get paid more when good things happen, and less when bad things do. For
Neither "sponsor" nor "agent" seem quite right to me. "Voucher" is better - but it does sound like a ticket. The thing that springs to my mind is the pretty standard "investor"/"insurer" terminology.
More/General Agents in NBER
Neither "sponsor" nor "agent" seem quite right to me. "Voucher" is better - but it does sound like a ticket. The thing that springs to my mind is the pretty standard "investor"/"insurer" terminology.