= 27d567bc2d48d9f40e9ccc20ea370b15)
djm comments on Human Capital Contracts - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (21)
I like this idea, but it could be subject to abuse - a brilliant engineering student may get a large upfront finance then suddenly change course and decide to be part time artist.
Yeah, good point. You could address this through contingencies - have it be part of the contract that you had to carry on in engineering - but I expect investors would simply have to take the hit. This is basically the issue I was talking about in the section on Adverse Selection.