Case | HBS Case Collection | November 2013 (Revised April 2014)

Massachusetts Pay-for-Success Contracts: Reducing Juvenile and Young Adult Recidivism

by V. Kasturi Rangan and Lisa A. Chase

Abstract

The case describes the nature of juvenile recidivism in Massachusetts and explores the potential structure of a privately funded, publicly guaranteed pay-for-success contract.

Keywords: social impact bonds; pay-for-success; social innovation; juvenile (prison) recidivism; homelessness; Massachusetts;

Citation:

Rangan, V. Kasturi, and Lisa A. Chase. "Massachusetts Pay-for-Success Contracts: Reducing Juvenile and Young Adult Recidivism." Harvard Business School Case 514-061, November 2013. (Revised April 2014.)