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   "text": "The classical paradigm underlying mainstream economics, with its emphasis on independence, rationality, and optimal equilibrium, cannot adequately account for money creation, financial entanglement, or behavioral factors.",
   "abstract": "This classical paradigm struggles to address effects such as money creation, financial entanglement, and behavioral factors.",
   "citation": "Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878",
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   "text": "Cognitive effects that look paradoxical under classical utility theory arise not from irrationality but from agents using a different, non Boolean logic that the quantum formalism can model.",
   "abstract": "The quantum approach suggests that these cognitive effects arise not because people are irrational, but because they are using a different kind of logic that can be modeled using the quantum formalism.",
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   "text": "Both classical and behavioral approaches fail to account adequately for preference reversal, and that joint failure, not mere novelty, is what justifies an alternative quantum decision framework.",
   "abstract": "However, proponents of quantum economics argue that the failure of both classical and behavioral approaches to adequately address preference reversal highlights the need for an alternative approach.",
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   "text": "The classical paradigm underlying mainstream economics, built on independence, rationality, and optimal equilibrium, cannot adequately address money creation, financial entanglement, or behavioral factors.",
   "abstract": "Mainstream economics, with its emphasis on independence, rationality, and optimal equilibrium, is based on a classical paradigm. This classical paradigm struggles to address effects such as money creation, financial entanglement, and behavioral factors.",
   "citation": "Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880",
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   "text": "The cognitive effects that look paradoxical under classical logic do not show that people are irrational; they show that people are using a different logic, one that the quantum formalism can model.",
   "abstract": "The quantum approach suggests that these cognitive effects arise not because people are irrational, but because they are using a different kind of logic that can be modeled using the quantum formalism.",
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   "text": "Reputation functions as a social incentive that complements monetary reward and sustains cooperation in trustless environments, a behavioral mechanism unavailable to purely stake-weighted consensus systems.",
   "abstract": "Behavioral economics provides a lens for understanding this shift: reputation acts as a social incentive, complementing monetary rewards and fostering cooperation in trustless environments",
   "citation": "Wulf A. Kaal, Cryptographic Foundations and Interdisciplinary Dimensions of the Secure Proof of Stake (SPoS) Conse (2025). SSRN: https://ssrn.com/abstract=5225296",
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