kaal:claim:3782205-026

Reputation and governance are the two most important institutions missing from the decentralized economy, and once they are solved the remaining missing pieces are relatively easy to supply.

Reputation and governance are the two most important institutions that are lack- ing in the decentralized economy. They occupy the majority of our concern for the remainder of the book. Once they are solved, the rest of the missing pieces are rela- tively easy to supply.

Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021), Chapter 9. Eight institutions, p. 4
https://ssrn.com/abstract=3782205 · source PDF

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

designsupport: assertedreputationgovernance-designdecentralizationeconomics

• restated_by kaal:claim:3782216-001 The decentralized economy cannot fully proliferate until it acquires the institutions ordinary commerce depend...
• extended_by kaal:claim:3782216-040 The decentralized economy still lacks trustworthy open source decentralized institutions for recording and par...

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• Qualification: Study on China's Decentralization,Governance and the Supply of Rural Public Goods--A FGLS & System-GMM Analysis Based on the Provincial Panel Data