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What is the "wrong pockets problem"?

Last Updated: Aug 02, 2016 08:10PM UTC

 

PFS can help solve the wrong pockets problem.The wrong pockets problem describes a situation where the entity that bears the cost of implementing a practice or program does not receive the primary benefit. If the costs of the program outweigh the benefits for that entity, it is unlikely to fund it, even if the net benefits for the government (and society) are strongly positive.
 

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