kaal:claim:3782216-020

Concentration of power, especially monopolies or trusts, decreases market liquidity, while decentralization of power improves it.

Source quote, verbatim

Concentration of power (especially monopolies or trusts) decreases liquidity; decentralization of power improves liquidity.

From

Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021), General principles
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: argueddefieconomicsdecentralization

Related claims

supports kaal:claim:3782205-005 Decentralizing the power structures of core institutions improves them in both effectiveness and efficiency, b...
extended_by kaal:claim:4067783-037 Centralization and monopolies are a threat to market liquidity because they can carry too much mass or too muc...

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Attestation record: colloquium/attestations/5c03edf61b0785e1...json
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