# Consumer behavior

`kaal:entity:consumer-behavior`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `consumer-behavior`. 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

3 claims across 2 works, 2019 to 2021.

**2019**

- [3396522-036](https://wulfkaal.github.io/claims/3396522-036) [failure/argued] *(failure mode)* -- Mass adoption fails at the user level: the average user will not identify, research, and purchase diverse sets of tokens even where those tokens would create value, because the existing cryptocurrency market structure is simply too cumbersome.
  > The average user is unwilling to identify, research, and purchase diverse sets of tokens, even if their application and use cases would create value. The existing market structure for cryptocurrencies is simply too cumbersome for the average user.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522
- [3396522-037](https://wulfkaal.github.io/claims/3396522-037) [condition/argued] -- Non speculator lay people will not use cryptocurrencies for daily consumption, groceries, or banking transactions unless the value of the currency is stable; stability is a precondition of ordinary consumer use, not merely a convenience.
  > In other words, non- speculator lay people are not going to use cryptocurrencies for their daily consumption tasks, payment of groceries, banking transactions, among other examples, if the value of their cryptocurrency is not stable.
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522

**2021**

- [3808852-041](https://wulfkaal.github.io/claims/3808852-041) [mechanism/argued] -- As each form of decentralization empowers heightened proliferation of the other forms, individuals perceive more opportunities for changes in consumer behavior, silent withdrawal, disengagement, and defiance of the established centralized order.
  > As each form of decentralization empowers heightened proliferation of other forms of decentralization, individuals in society perceive more opportunities for changes in consumer behavior, silent withdrawal, disengagement, and defiance of the established centralized order.
  Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852

## 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/consumer-behavior.md | sha256sum

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