kaal:claim:3125822-023

The platform's feedback loop is closed in the sense that there are no rent seeking owners: the system is entirely supported by its users and the users reap the entire profit.

Source quote, verbatim

Therefore the feedback loop of the platform is closed, in the sense that there are no rent-seeking6 owners: The system is entirely supported by users, and the users reap the entire profit.

From

Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018), 4.2 Countering corruption, p. 20
https://ssrn.com/abstract=3125822 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018). SSRN: https://ssrn.com/abstract=3125822

Holds when

all fees are disbursed to expert users
no outside owner holds a claim on fees

Classification

designsupport: arguedai-and-agentseconomics

Verify

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