kaal:claim:3441904-046

DAO incentives are intrinsic rather than extrinsic: the core common denominator for all DAO token members is the unifying desire to optimize the DAO structure and reputation token value, whereas hierarchical organizations rely predominantly on extrinsic structures such as wages.

Source quote, verbatim
Most hierarchical organizations rely predominantly on extrinsic incentive structures, through wages etc. By contrast, the core common denominator for all DAO token members is the unifying desire to optimize the DAO structure and the DAO reputation token value.
From

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), VI. Reforming Corporate Governance, p. 42
https://ssrn.com/abstract=3441904 · source PDF

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

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mechanismsupport: arguedrisk-and-incentivesinstitutional-designdao

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