# kaal:claim:6819121-033

**Claim.** The Folk-Theoretic prediction that any static rule set will be gamed by patient strategic actors applies to regulatory rule sets as much as to DAO rule sets, so dynamic-regulation principles are particularly applicable to the DAO sector.

**Type.** mechanism  **Support.** argued

**Holds when.**

- regulatory design for the DAO sector

**Source quote.**

> The Folk-Theoretic prediction that any static rule set will be gamed by patient strategic actors applies to regulatory rule sets as much as it applies to DAO rule sets.

**From.** Wulf A. Kaal, *The Institutional Deficit in Decentralized Autonomous Organizations - An Empirical Analysis* (2026), IX. Implications, page 34

**Cite as.** Wulf A. Kaal, The Institutional Deficit in Decentralized Autonomous Organizations - An Empirical Analysis (2026). SSRN: https://ssrn.com/abstract=6819121

**Verify.** sha256 of source PDF `f04b274f926d23848e77b429a13227baed9858b90fec826ddaabd2acca7035fe` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202026%20-%20The%20Institutional%20Deficit%20in%20Decentralized%20Autonomous%20Organizations%20-%20An%20Empirical%20Analysis.pdf

**Topics.** dynamic-regulation, regulatory-failure, dao

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