kaal:claim:3782198-005

Social networks grow exponentially more powerful through the network effect, but they are stifled by the centralized ownership and governance of the Web 2.0 companies that run them; governing decentralized information flow requires decentralized incentive designs.

Source quote, verbatim

But these networks are stifled by the centralized ownership and governance of the Web ).5 companies that run them. Governing decentralized information flow ne- cessitates decentralized incentive designs.

From

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021), From Social Media to Decentralized Coordination, p. 6
https://ssrn.com/abstract=3782198 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198

Holds when

applies to networks whose value comes from member interaction

Classification

conditionsupport: arguedinstitutional-designdecentralizationrisk-and-incentivesgovernance-design

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