{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/1908473-010",
 "identifier": "kaal:claim:1908473-010",
 "text": "Contingent capital offers only limited protection against information asymmetries, principal and agent conflicts, and collective action problems, so it cannot by itself prevent economic failure.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Christoph Henkel, Contingent Capital with Sequential Triggers (2011). SSRN: https://ssrn.com/abstract=1908473",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Contingent Capital with Sequential Triggers",
  "datePublished": "2011",
  "url": "https://ssrn.com/abstract=1908473",
  "sha256": "9d578dac663357529edd1f6453fcfe69bdc59ac882408d9edfde5a4c2916befa",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Henkel%20-%202011%20-%20Contingent%20Capital%20with%20Sequential%20Triggers.pdf"
 },
 "keywords": [
  "disclosure",
  "ai-and-agents",
  "corporate-governance",
  "institutional-design",
  "contingent-capital"
 ],
 "about": [
  "information-asymmetry",
  "principal-agent",
  "collective-action",
  "contingent-capital-limits"
 ],
 "abstract": "Contingent capital can only limitedly protect against information asymmetries, principal/agent issues, and collective action problems.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "failure"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": []
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": true
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/cebf666d788bc48ae8ff6aea98f27657dd06466e956650e6f8952723d69f4136.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": []
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "cebf666d788bc48ae8ff6aea98f27657dd06466e956650e6f8952723d69f4136",
 "canonicalForm": "https://wulfkaal.github.io/claims/1908473-010.md"
}