# kaal:claim:3782205-008

**Claim.** Keeping decentralized networks running productively requires a dynamic design with checks and balances combined with the incentive design insights of game theory.

**Type.** condition  **Support.** asserted

**Holds when.**

- applies to decentralized networks intended to operate over time

**Source quote.**

> A dynamic design with checks and balances and the incentive design insights of game theory are necessary to keep these networks running productively.

**From.** Craig Calcaterra, Wulf A. Kaal, *Eight Institutions for the Evolution of Decentralization* (2021), Chapter 9. Eight institutions, page 2

**Cite as.** Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205

**Verify.** sha256 of source PDF `5ba52c63e81019b6867fb29c4a50821ff574e510d79b31b8ce9f4c726a0ebc71` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20Eight%20Institutions%20for%20the%20Evolution%20of%20Decentralization.pdf

**Topics.** governance-design, economics, risk-and-incentives

**Keywords.** governance, checks-and-balances, game-theory, incentive-design, dynamic-design

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