kaal:claim:4685567-011
In an impact certificate system the rules of the game are set by demand: altruists define what counts by deciding which minted certificates they are willing to pay for.
Source quote, verbatim
By deciding which certificates they are willing to pay for, altruists using the system define the rules of the 37 game.
From
Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024), Social Impact Credits, p. 19
https://ssrn.com/abstract=4685567 · source PDF
Cite as
Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024). SSRN: https://ssrn.com/abstract=4685567
Holds when
Classification
mechanismsupport: arguedgovernance-design
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