# kaal:claim:4900880-011

**Claim.** Quantum economics and New Institutional Economics treat uncertainty in opposite ways: NIE casts institutions as devices for reducing uncertainty and stabilizing the economy, while quantum economics builds uncertainty and indeterminacy into economic interaction as a fundamental feature.

**Type.** definitional  **Support.** argued

**Source quote.**

> While NIE emphasizes the role of institutions in reducing uncertainties and fostering economic stability, quantum economics inherently incorporates uncertainty and indeterminacy as fundamental aspects of economic interactions.

**From.** Wulf A. Kaal, *Quantum Economy and the Future of Work* (2024), 2.4 Comparison with New Institutional Economics, page 15

**Cite as.** Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880

**Verify.** sha256 of source PDF `64ea6e8b7cfb3d9a83801eba54f9b87182b842a963273ddab7f2d5305639db73` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202024%20-%20Quantum%20Economy%20and%20the%20Future%20of%20Work.pdf

**Topics.** economics, institutional-design

**Keywords.** new-institutional-economics, uncertainty, institutions, quantum-economy, economic-theory

**Related claims.**

- restates: https://wulfkaal.github.io/claims/4900878-008

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.