I'm writing a ~4000 word policy paper on impact markets, and I failed to realize exactly how new this idea was and how little resources there are online about it. I've poured over lesswrong for everything about the topic, but other than that I'm having some trouble finding enough resources, especially academic papers on the subject.
The paper has a problem/solution structure. For the problem part, I'd appreciate any resources on the inefficiencies of philanthropy in areas that impact markets could solve, as well as any respectable quantitative analyses of philanthropic waste/inefficiency.
For the solution part, I'm looking for pretty much anything...examples of impact market implementation (other than anything on Manifund, I've seen those), resources on analogous topics like social impact bonds, academic research on the mechanisms of impact markets, etc.
If anyone reading this is working on impact markets in some fashion and would be willing to answer some interview questions via email, I would appreciate that too.
I'll give Ṁ25 for each resource I find helpful, I have no problem increasing the bounty amount
Related questions
Look into "Advance Market Commitments" - Operation Warp Speed, Stripe Frontier, and a few other examples are good case studies. AMC + venture capital funding ~= impact markets.
Look into Vitalik Buterin on "Retroactive Public Goods Funding" and how these have been implemented in the crypto world
Happy to answer any other questions about Manifund or otherwise. Best of luck with your paper!
(and thanks for flagging, Saul!)
My financial understanding is limited, but don't impact markets share many of the benefits of company shares? The initial investors sorta--kinda purchase shares in the future fund grant money for a lower price, and then if the work is impactful the investors get to reap the "profits" of the fund money.
This connection means you may find useful information in the vast trove of literature on stocks. It was a while since I studied that area of finance so I can't say many more concrete things, sorry.