Thanks.
Dr. Juppe, you haven't really shared with us any great success stories from states that have taken the social impact bond approach. I think the broader rationale is that there may be some issues that can be dealt with using social impact bonds, and these may be some of the lower-hanging fruit. At least doing so would unlock some potential public dollars to deal with more complex problems. That's what we've picked up from a number of the witnesses now.
Are you seeing any of this take place? Are you aware of any instances in which this has been able to free up money for other investments by state governments?