A flexible design for funding public goods

A flexible design for funding public goods

We propose a design for philanthropic or publicly funded seeding to allow (near) optimal provision of a decentralized, self-organizing ecosystem of public goods. The concept extends ideas from quadratic voting to a funding mechanism for endogenous community formation. Citizens make contributions to...

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Bibliographic Details
Main Authors: Buterin, V. (Author), Hitzig, Z. (Author), Weyl, E.G (Author)
Format: Article
Language:English
Published: INFORMS Inst.for Operations Res.and the Management Sciences 2019
Subjects:
Finance
Flexible designs
Free-rider problem
Funding mechanisms
Machine design
Mechanism design
Public goods
Square roots
Standard model
Online Access:View Fulltext in Publisher

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