kaal:claim:3652481-028

Presumptively stable ex ante majoritarian rules are flawed because they are inevitably suboptimal in an environment that has evolved away from the conditions that produced the rule.

Presumptively stable ex-ante majoritarian rules are flawed because they are inevitably suboptimal in an ever-changing environment that evolves from the environment that precipitated the promulgation of the ex-ante majoritarian rule.

Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020), IV.1.a Dynamic Elements, p. 35
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

failuresupport: arguedfailure: ex ante rule obsolescencefamily: rule-obsolescence-and-ossificationgovernance-designdynamic-regulation

• supports kaal:claim:3441904-036 Ex post code based majoritarian rules generated by DAOs are superior to ex ante majoritarian default rules bec...

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