kaal:claim:3782193-034

Focusing rewards on reputation rather than on immediately fungible cash encourages decentralized organization because it disperses power fairly: anyone with equivalent talent is equally acceptable, those already employed are unavailable, and the exponential rich-get-richer concentration of power is diminished.

Source quote, verbatim

Finally, a focus on reputation instead of immediately fungible cash rewards encour- ages decentralized organization because it disperses power, and it does so fairly.

From

Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021), Maghribi traders’ solution, p. 28
https://ssrn.com/abstract=3782193 · source PDF

Cite as

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

Holds when

networks that reward members with reputation rather than immediate cash

Classification

mechanismsupport: arguedreputationdecentralization

Verify

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