kaal:claim:3441904-036

Ex post code based majoritarian rules generated by DAOs are superior to ex ante majoritarian default rules because they rest on more accurate real time information from the edge and decentralized feedback effects, and are not subject to the same information asymmetries.

Source quote, verbatim

Ex-post code-based majoritarian rules are superior to ex-ante majoritarian rules because they are based on more accurate real-time information from the edge and decentralized feedback effects.

From

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), V.1 Dynamic DAO Governance, p. 32
https://ssrn.com/abstract=3441904 · source PDF

Cite as

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

Holds when

DAOs with dynamic governance mechanisms allowing token holder votes on code

Classification

designsupport: arguedinstitutional-designgovernance-design

Related claims

supported_by kaal:claim:3652481-028 Presumptively stable ex ante majoritarian rules are flawed because they are inevitably suboptimal in an enviro...

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