kaal:claim:6244278-009

Non-transferability of reputation is essential because, in Akerlof's lemons terms, a transferable reputation market would let capital-rich but competence-poor actors purchase reputation and thereby destroy the signal's informational content.

In the language of Akerlof's lemons analysis, non-transferability prevents the emergence of a market in which capital-rich but competence-poor actors purchase reputation, undermining the signal's informational content.

Wulf A. Kaal, AI's Mother's Instinct Engineered Consequence Emergent Ethics and the Institutional Trajectory Toward Agentic Alignment (2026), IV.A Reputation as Core Currency, p. 8
https://ssrn.com/abstract=6244278 · source PDF

Wulf A. Kaal, AI's Mother's Instinct Engineered Consequence Emergent Ethics and the Institutional Trajectory Toward Agentic Alignment (2026). SSRN: https://ssrn.com/abstract=6244278

• requires soulbound or agent-bound credentials tied to persistent identities

mechanismsupport: arguedfailure: purchased reputation destroys signalfamily: reputation-system-gamingtokenomics

• extends kaal:claim:5583610-028 Soulbound tokens are load bearing for the design: because they are non-transferable and bound to a specific in...
• supports kaal:claim:5454054-021 Making LER rewards utility-only and non-transferable, in the manner of soulbound tokens, is what keeps them fu...

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