Certificates of Impact

0. Introduction

In this post post I describe a simple institution for altruistic funding and decision-making, characterized by the creation and exchange of “certificates of impact.”

Typically an effectiveness-minded altruist would try to do as much good as possible. Instead, users of the certificates system try to collect certificates for as much good as possible.

Whenever anyone does anything, they can declare themselves to own an associated certificate of impact. Users of the system treat owning a certificate for X as equivalent to doing X themselves. In the case where certificates never change hands, this reduces precisely to the status quo.

The primary difference is that certificates can also be bought, sold, or bartered; an altruist can acquire certificates through any combination of doing good themselves, and purchasing certificates from others. Read the rest of this entry »