kaal:claim:3782203-022

Despite its alluring simplicity, the Code is Law credo taken as an absolute is not an efficient solution for business, because unintended consequences of contracts arise in almost every business arrangement.

Despite how alluring the simplicity of the Code-is-Law credo is, that extreme pu- ritanical line is not an efficient solution for business.

Craig Calcaterra, Wulf A. Kaal, A Technical Perspective on Decentralization (2021), Zero-sum games and Code-is-Law smart contracts, p. 16
https://ssrn.com/abstract=3782203 · source PDF

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

• commercial smart contract relationships
• unintended consequences of contract execution

normativesupport: arguedfailure: code-is-law-absolutismfamily: smart-contract-rigiditysmart-contractseconomics

• extended_by kaal:claim:5554218-022 Automating smart contracts under the code is law paradigm incentivizes unethical behavior by enabling anonymou...
• contests kaal:claim:3405401-007 The inherent mathematical logic of computerized code in smart contracts can clarify the parties' intent optima...

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