Published February 7, 2026
| Version 0.9
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Incentive Alignment Bonds: Making Public Goods Financially and Politically Profitable
Description
Government spending is optimized for lobbying intensity, not net societal value. Programs with 100:1 benefit-cost ratios get billions while programs with negative returns get hundreds of billions. Incentive Alignment Bonds flip this by creating a capital pool that rewards politicians (via campaign support and post-office opportunities) for funding high-NSV programs over low-NSV alternatives. The result: public good becomes private profit for both investors and elected officials.
Notes
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incentive-alignment-bonds-paper.pdf
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Additional details
Related works
- Is supplemented by
- Software documentation: https://iab.warondisease.org (URL)
- Software: https://github.com/mikepsinn/disease-eradication-plan (URL)
Subjects
- Mechanism Design
- Public Choice
- Political Economy
- Collective Action
- Campaign Finance