kaal:claim:3782214-023

A reputational system formally linked to profits makes members forward thinking and cooperative, counteracting the tendency of competition to separate them, and it also motivates members to self police their own past investments.

Source quote, verbatim

A reputational system that is formally linked to profits makes the members for- ward-thinking and cooperative, to combat the natural tendency of competition to sep- arate members. It also motivates members to self-police their past investments.

From

Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021), Reputation counters instability from profit motive, p. 10
https://ssrn.com/abstract=3782214 · source PDF

Cite as

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

Holds when

reputation is formally tied to the organization's profit stream

Classification

mechanismsupport: arguedreputationrisk-and-incentives

Verify

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Attestation record: colloquium/attestations/8992df4f12cb7d8a...json
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