kaal:claim:3782193-011

No set of written rules can be made complete: the Folk Theorems demonstrate that however rules are written, strategies exist that follow those rules yet profit the individual at the expense of the group, so a perfect secular constitution is impossible.

The Folk theories demonstrate that how- ever the rules are written, strategies exist which follow the rules, yet profit the indi- vidual at the expense of the group.

Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021), Prehistory of information technology, p. 6
https://ssrn.com/abstract=3782193 · source PDF

Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021). SSRN: https://ssrn.com/abstract=3782193

• any static, formally specified set of rules governing a group

failuresupport: arguedfailure: Incompleteness of static rule setsfamily: enforcement-gapeconomicsgovernance-design

• extends kaal:claim:3782192-017 The Folk Theorems of game theory prove that any rules that can be formally set down can be subverted: strategi...
• extends kaal:claim:3402701-011 The Folk Theorems of game theory imply that no matter how complicated a stable coin protocol becomes, a powerf...
• extends kaal:claim:3406323-040 For any static set of rules in an infinitely repeated game using reputation stakes there is a way to subvert t...
• restates kaal:claim:3402701-036 The Folk Theorems of game theory prove that no protocol, however complex or well engineered, can eliminate cor...
• extended_by kaal:claim:3782210-022 Because eternally perfect protocols are impossible, as illustrated by Arrow's Impossibility Theorem and the Fo...
• extended_by kaal:claim:3782220-004 Transcendental values are necessary for long-term stability because every formal, explicitly specified protoco...
• extends kaal:claim:3402701-007 Good governance principles are crucial to every aspect of a long-term stable currency because markets inevitab...

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