kaal:claim:3782203-014

It is impossible to set up formal rules that keep a group behaving cooperatively in the long run, even if those rules are policed perfectly; the spirit of the law matters more than the letter of the law.

It is impossible to set up formal rules for a group to keep them behaving in a cooper- ative manner in the long run, even if the rules are policed perfectly.

Craig Calcaterra, Wulf A. Kaal, A Technical Perspective on Decentralization (2021), Folk Theorems of Game Theory, p. 9
https://ssrn.com/abstract=3782203 · source PDF

Craig Calcaterra, Wulf A. Kaal, A Technical Perspective on Decentralization (2021). SSRN: https://ssrn.com/abstract=3782203

• long run repeated interaction
• even under perfect enforcement

failuresupport: arguedfailure: perfect-policing-insufficiencyfamily: collective-action-and-coordination-failureinstitutional-design

• restated_by kaal:claim:3782220-030 A centralized hierarchy becomes too rigid when those policing the rules gain more power than the members who h...

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