kaal:claim:3782210-035
Reputation-based governance faces a chicken and egg problem: voting becomes more efficient once reputation is valuable, but reputation cannot become valuable without meaningful voting.
Source quote, verbatim
This is another chicken and egg problem. Voting will be more efficient with valu- able reputation. Reputation can't be valuable without meaningful voting.
From
Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021), Criticisms, p. 14
https://ssrn.com/abstract=3782210 · source PDF
Cite as
Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210
Holds when
Classification
failuresupport: arguedfailure: Reputation voting bootstrap deadlockfamily: cold-start-and-bootstrappinggovernance-designeconomicsreputation
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