Injecting Incentives into the Solution of Social Problems: Social Policy Bonds

Posted: 2 May 2001  

Ronnie Horesh

affiliation not provided to SSRN

Abstract

There seems little chance of achieving many social objectives, given that the ways in which they are being pursued fail to harness self-interest. A way forward is to create a new financial instrument-Social Policy Bonds-which would be auctioned by government. The bonds would be tradable and would be redeemed only when a specified social objective had been achieved.

Suggested Citation

Horesh, Ronnie, Injecting Incentives into the Solution of Social Problems: Social Policy Bonds. Economic Affairs, Vol. 20, No. 3, September 2000. Available at SSRN: https://ssrn.com/abstract=241417

Ronnie Horesh (Contact Author)

affiliation not provided to SSRN

Paper statistics

Abstract Views
656