Construct · 1 fields · 1 citations

dominant assurance contract: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
dominantassurance contract1 CONSTRUCTDominant assuranceTABARROK · MARKET DESIGN

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Market design

a fundraising contract that refunds pledges plus a bonus if the goal is not met, making contributing a dominant strategy for public goods.

In market design, dominant assurance contract refers to a fundraising contract that refunds pledges plus a bonus if the goal is not met, making contributing a dominant strategy for public goods. This meaning comes from Tabarrok (1998) in Public Choice.[1]

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Nearby constructs

dominant1 fields · 1 citationsanchor · a standalone constructmarket design1 fields · 1 citationsanchor · a standalone constructmarket3 fields · 5 citationsjingle · one word, three constructs

References

  1. Tabarrok, A. (1998). The private provision of public goods via dominant assurance contracts. Public Choice, 96(3-4), 345-362. https://doi.org/10.1023/a:1004957109535

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