# kaal:claim:3782220-004

**Claim.** Transcendental values are necessary for long-term stability because every formal, explicitly specified protocol is permanently exposed to strategies that subvert it, a result the authors draw from the Folk Theorems of game theory.

**Type.** condition  **Support.** argued

**Holds when.**

- long-term stability
- formally specified protocols

**Source quote.**

> By the insights gleaned from the Folk Theo- rems of Game Theory, transcendental values are necessary to maintain long-term sta- bility in the face of ever-present strategies for subverting any formal, explicitly-speci- fied protocol.

**From.** Craig Calcaterra, Wulf A. Kaal, *The Importance of Transcendental Unifying Values for Decentralization* (2021), Chapter: Transcendental Unifying Values, page 2

**Cite as.** Craig Calcaterra, Wulf A. Kaal, The Importance of Transcendental Unifying Values for Decentralization (2021). SSRN: https://ssrn.com/abstract=3782220

**Verify.** sha256 of source PDF `f0bf1e80c6da60a6f8ba20630562bdf1dab171ccb5267f497dc0b815113cde99` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20The%20Importance%20of%20Transcendental%20Unifying%20Values%20for%20Decentralization.pdf

**Topics.** economics

**Keywords.** folk-theorems, game-theory, protocol-subversion, transcendental-values, stability

**Related claims.**

- extends: https://wulfkaal.github.io/claims/3402701-011
- extends: https://wulfkaal.github.io/claims/3782192-017
- extends: https://wulfkaal.github.io/claims/3406323-040
- extends: https://wulfkaal.github.io/claims/3782193-011

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