kaal:claim:3782216-019

Decentralization empowers knowledge at the edge: individuals with fine grained information about their neighbors and community can make better underwriting decisions than a centralized hierarchy can.

Source quote, verbatim

Decentralization empowers knowledge at the edge. Individ- uals with more fine-grained information about their neighbors and community can make better underwriting decisions than a centralized hierarchy can.

From

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021), Decentralized architecture
https://ssrn.com/abstract=3782216 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021). SSRN: https://ssrn.com/abstract=3782216

Classification

mechanismsupport: argueddecentralizationcitation-and-knowledgedefieconomics

Related claims

generalizes kaal:claim:3995709-026 Decentralized code review underwriting makes the code review market more efficient because it democratizes the...

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