kaal:claim:3782214-001

Reputation changes the incentive structure of a decentralized organization from a single stage, zero sum game into a repeated positive sum game, which is why the authors treat reputation as the key to effective decentralized governance.

Reputation changes the incentive structure from a single-stage, zero-sum game to a repeated positive-sum game.

Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021), Abstract, p. 1
https://ssrn.com/abstract=3782214 · source PDF

Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021). SSRN: https://ssrn.com/abstract=3782214

• the reputation system is formally linked to the organization's profits

mechanismsupport: arguedreputationrisk-and-incentiveseconomicsdaogovernance-design

• restates kaal:claim:3782193-032 Adding reputation to the contracting game converts it from a single-stage zero-sum game into a repeated positi...
• extends kaal:claim:3782210-005 Reputation converts a transaction from a single-stage zero-sum game into a repeated positive-sum game by holdi...
• restates kaal:claim:3441904-043 Reputation based DAO governance turns a zero sum game into a positive sum game, because members are given ince...
• extends kaal:claim:3782193-031 Honesty would be the wrong strategy for an agent if the contract were anonymous and its resolution did not aff...
• extends kaal:claim:3782203-024 If the decentralized economy is constructed as a zero-sum game, cooperation becomes impossible because the onl...
• restated_by kaal:claim:3799320-032 Reputation based governance creates a positive sum game because members have incentives to build lasting non f...
• restates kaal:claim:3782205-021 Reputation rather than money is the proper motivator of good behavior in business and governance, because prop...

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