Incentivizing Prizes: How Foundations Can Utilize Prizes to Generate Solutions to the Most Intractable Social Problems

@inproceedings{Leerberg2007IncentivizingPH,
  title={Incentivizing Prizes: How Foundations Can Utilize Prizes to Generate Solutions to the Most Intractable Social Problems},
  author={Matthew Leerberg and Rene Ritson},
  year={2007}
}
  • Matthew Leerberg, Rene Ritson
  • Published 2007
INCENTIVIZING PRIZES: HOW FOUNDATIONS CAN UTILIZE PRIZES TO GENERATE SOLUTIONS TO THE MOST INTRACTABLE SOCIAL PROBLEMS By Matthew Leerberg leerberg@gmail.com INTRODUCTION In 1598 King Phillip III of Spain, having lost at sea many of his ships returning from the West Indies, offered a monetary prize for the first person to discover a method for measuring longitude. Despite hundreds of submissions, however, the problem remained unsolved. A series of prize offerings from other European nations… CONTINUE READING

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