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History
editSo the article defines social impact bonds are going back only to 1988. But I was reading "How We All Failed In Performance Contracting", Page 1972, and as far as I can tell, 'social impact bonds' don't differ in any way from 'performance contracting' (which go back at least to the 1960s and were well-known at the time): they're repayments to private parties from governments contingent on performance on a benchmark evaluation. The performance contracting described by Page 1972 satisfies most of the definitions in the Definitions section. So are they actually new? --Gwern (contribs) 04:18 27 November 2018 (GMT)
Merger proposal
edit- The following discussion is closed. Please do not modify it. Subsequent comments should be made in a new section. A summary of the conclusions reached follows.
- Proposal withdrawn by proposer, pending more specific proposals. Klbrain (talk) 16:39, 31 October 2023 (UTC)
The following articles/stubs seem to cover related if not identical topics:
- Value-Based Insurance Design
- Value-based health care
- Value-based pricing
- Pay for performance (healthcare) ("also known as "value-based purchasing")
- Payment by Results
- Performance-based contracting
- Social impact bond ("also known as pay-for-success financing")
- Social Impact Incentives
- Social Impact Contractor
- Advance market commitments
I recommend merging them.
Here are some sources about the above terms:
- Paying for success: An appraisal of social impact bonds: "A social impact bond is a type of pay-for-success initiative" and the tags "Pay for success", "Pay for performance", and "Payment by results"
- Frequently asked questions (FAQs), Oxford Government Outcomes Blog: "Impact bonds have been launched in many countries around the world, and typically exist in two forms: social impact bonds (SIBs) and development impact bonds (DIBs). SIBs were established in the UK and are referred to in the US as ‘pay-for-success’ schemes, while in Australia they are often called ‘social benefit bonds’."
- Impact bonds: "In the UK they have been referred to as ‘social impact bonds’ (SIBs), or increasingly, 'social outcomes contracts' (SOCs) In Europe they are often referred to as ‘social impact partnerships’ In the US they are known as ‘pay for success’ (PFS) schemes In Australia they are often referred to as ‘social benefit bonds’"
- UK Gov: "In the UK, SIBs are also widely referred to as Social Outcomes Contracts. Outside the UK, several different terms are used. For example, they are called Social Impact Partnerships or Social Impact Contracts in Europe, Pay For Success schemes in the US, and Social Benefit Bonds in Australia."
- Stanford Social Innovation Review: "Pay-for-success contracts, also known as social impact bonds"
- OECD: "In financial terms, SIBs are not real bonds but rather future contracts on social outcomes. They are also known as Payment-for-Success bonds (USA) or Pay-for-Benefits bonds (Australia) (OECD, 2015; Brookings, 2015). [...] SIBs are considered a subset of payments-by-results, pay-for-performance or results-based financing mechanisms"
a455bcd9 (Antoine) (talk) 14:17, 23 June 2023 (UTC)
- Oppose: there are too many articles listed here to be effectively merged, and articles should not be merged simply because they cover "related" topics. Please consider a smaller number of articles whose overlap in content is more significant and put forward your proposal again. - BobKilcoyne (talk) 16:20, 22 August 2023 (UTC)
- You're right. Hopefully I'll have more time in the future to do such a smaller merge... a455bcd9 (Antoine) (talk) 10:04, 25 August 2023 (UTC)