kaal:claim:3652481-004

A DAO realigns the otherwise disparate interests of principals and agents because all participants in the DAO share the same goal, which reduces behavior contrary to the interests of the organization.

Incentives are realigned between otherwise disparate interests of principals and agents because all participants in a DAO share the same goal, which reduces behavior that is contrary to the interests of the organization.

Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020), II.3 Addressing Age-Old Problems, p. 14
https://ssrn.com/abstract=3652481 · source PDF

Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481

mechanismsupport: arguedai-and-agentscorporate-governancerisk-and-incentivesdaogovernance-design

• extends kaal:claim:3373393-018 Blockchain provides an alternative governance mechanism that eliminates agency costs, meaning the principal's ...
• extended_by kaal:claim:3949098-022 In the theoretical model, the incentive design of decentralized reputation staking governance aligns the indiv...

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