# Code audit

`kaal:entity:code-audit`

**Status.** derived

This node is assembled mechanically from the 5 claims that carry the concept tag `code-audit`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

5 claims across 1 works, 2021 to 2021.

**2021**

- [3995709-019](https://wulfkaal.github.io/claims/3995709-019) [empirical/asserted] -- The code review industry is dominated by a cartel formed by the top five code audit firms, and that cartel creates high barriers to entry for new players in the code review market.
  > The top five code audit firms form a cartel. The cartel of the top 5 audit firms also creates high barriers to entry for new players to enter into the code review market.
  Wulf A. Kaal, How DAOs Optimize Open-Source Code Reviews and Create Open-Source Standards (2021). SSRN: https://ssrn.com/abstract=3995709
- [3995709-020](https://wulfkaal.github.io/claims/3995709-020) [mechanism/argued] -- Cartelization of the code review industry causes significant overpricing, because clients will pay almost any price to obtain the stamp of approval from one of the top five audit firms.
  > As a result of the cartelization of the industry, most code reviews are significantly overpriced. Clients pretty much pay any price to get the stamp of approval from one of the top 5 audit firms.
  Wulf A. Kaal, How DAOs Optimize Open-Source Code Reviews and Create Open-Source Standards (2021). SSRN: https://ssrn.com/abstract=3995709
- [3995709-022](https://wulfkaal.github.io/claims/3995709-022) [mechanism/argued] -- Because customers cannot afford to search for better priced code reviews and are forced into cartel pricing to obtain market acceptance of their products, cartelization undermines any form of downward price pressure.
  > Customers cannot afford to look for better priced code reviews and are forced into the cartel pricing to obtain market acceptance of their products. In turn, the cartelization of the market undermines any form of downward price pressure.
  Wulf A. Kaal, How DAOs Optimize Open-Source Code Reviews and Create Open-Source Standards (2021). SSRN: https://ssrn.com/abstract=3995709
- [3995709-023](https://wulfkaal.github.io/claims/3995709-023) [failure/asserted] *(failure mode)* -- There is little or no recourse for clients when reviewed code proves to be flawed even after functionality and quality review.
  > Moreover, there is little or no recourse for clients in cases in which the code proved to be flawed even after functionality and quality review.
  Wulf A. Kaal, How DAOs Optimize Open-Source Code Reviews and Create Open-Source Standards (2021). SSRN: https://ssrn.com/abstract=3995709
- [3995709-024](https://wulfkaal.github.io/claims/3995709-024) [failure/asserted] *(failure mode)* -- Despite the significant flaws in code reviews and their often flawed results, the existing code review market does not allow for any form of insurance product of the kind associated with products in other markets.
  > Despite the significant flaws in the code review process and the associated often flawed results of code reviews, the existing code review market does not allow for any form of insurance products that are associated with other products in other markets.
  Wulf A. Kaal, How DAOs Optimize Open-Source Code Reviews and Create Open-Source Standards (2021). SSRN: https://ssrn.com/abstract=3995709

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/code-audit.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.