kaal:claim:3441904-043

Reputation based DAO governance turns a zero sum game into a positive sum game, because members are given incentives to build lasting non fungible value through a long term record of productive cooperation that improves the DAO.

DAO members have incentives to create lasting non-fungible value for the institution by developing a long-term non-fungible record of productive cooperation that in effect improves the DAO.

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), V.5 Reputation-Based Governance, p. 41
https://ssrn.com/abstract=3441904 · source PDF

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

• DAO designs using non fungible reputation rather than fungible rewards

mechanismsupport: arguedreputationrisk-and-incentivesdao

• generalizes kaal:claim:3652481-037 The reputation based DevDAO governance design creates a positive sum game, because members have incentives to ...
• restated_by kaal:claim:3799320-032 Reputation based governance creates a positive sum game because members have incentives to build lasting non f...
• restated_by kaal:claim:3782214-001 Reputation changes the incentive structure of a decentralized organization from a single stage, zero sum game ...
• extended_by kaal:claim:3782193-032 Adding reputation to the contracting game converts it from a single-stage zero-sum game into a repeated positi...
• extended_by kaal:claim:3782210-005 Reputation converts a transaction from a single-stage zero-sum game into a repeated positive-sum game by holdi...
• extended_by kaal:claim:3782205-021 Reputation rather than money is the proper motivator of good behavior in business and governance, because prop...
• supported_by kaal:claim:3782203-024 If the decentralized economy is constructed as a zero-sum game, cooperation becomes impossible because the onl...

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