Reputation rather than money is the proper motivator of good behavior in business and governance, because properly accounting for reputation switches incentives from short-term zero-sum thinking to long-term positive-sum behavior.
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This is the proper goal, instead of money, for motivating good behavior in business and governance. Properly accounting for reputation switches the incentives from short-term zero-sum thinking to long-term positive-sum behavior.
From
Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021), Chapter 9. Eight institutions, p. 3 https://ssrn.com/abstract=3782205 · source PDF
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Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205
Holds when
requires a secure and meaningful system for accounting reputation
extendskaal:claim:3441904-043 Reputation based DAO governance turns a zero sum game into a positive sum game, because members are given ince...
restated_bykaal:claim:3782210-001 Reputation, not money, is the proper incentive for motivating the most efficient cooperation and long-term sta...
restated_bykaal:claim:3799320-032 Reputation based governance creates a positive sum game because members have incentives to build lasting non f...
restated_bykaal:claim:4067783-029 A meaningful reputation governance and accounting mechanism for motivating business and governance participati...
restated_bykaal:claim:3782210-005 Reputation converts a transaction from a single-stage zero-sum game into a repeated positive-sum game by holdi...
restated_bykaal:claim:3782214-001 Reputation changes the incentive structure of a decentralized organization from a single stage, zero sum game ...
restateskaal:claim:3782193-032 Adding reputation to the contracting game converts it from a single-stage zero-sum game into a repeated positi...
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