kaal:claim:3125822-030
When the bench of arbiters is small, a powerful private user can capture it in advance by spending heavily to engage the bench through separate contracts, mirroring the way powerful firms pay retainers to judges in the United States legal system.
Source quote, verbatim
when the bench is small, a powerful private user could spend a great deal of money engaging the bench with separate contracts beforehand, as happens today in the U.S. when traditional judges are given regular consulting fees by powerful firms to ensure preferential treatment in the future.
From
Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018), 7.2.7 Attacks, p. 31
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
Classification
failuresupport: arguedfailure: bench capture by prior engagementfamily: plutocratic-captureregulatory-failure
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