Dominant Assurance Contracts
Alex explains how dominant assurance contracts can solve the contribution problem for public goods, making it a dominant strategy to contribute. While it doesn't solve all problems, experiments have shown that it can double the success rate of projects compared to traditional assurance markets.In this clip
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Dwarkesh Podcast
Alex Tabarrok - Prizes, Prices, and Public Goods
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Can you explain dominant assurance contracts further in the context of the episode Alex Tabarrok - Prizes, Prices, and Public Goods and the clip Dominant Assurance Contracts?
Can you provide examples of dominant assurance contracts as discussed in the episode Alex Tabarrok - Prizes, Prices, and Public Goods and the clip Dominant Assurance Contracts?
Can you explain dominant assurance contracts further?