# Economic efficiency

`kaal:entity:economic-efficiency`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `economic-efficiency`. 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 3 works, 2021 to 2024.

**2021**

- [3782205-006](https://wulfkaal.github.io/claims/3782205-006) [condition/asserted] -- The eight institutions are necessary conditions for business, which grinds to a halt without them, yet when they run well they consume only a tiny fraction of the economy's resources.
  > These eight institutions are necessary for business. Business grinds to a halt without them, but they require a tiny fraction of the resources in the economy when they are running well.
  Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205

**2024**

- [4900878-011](https://wulfkaal.github.io/claims/4900878-011) [empirical/evidenced] -- In a quantum game model of a two firm market, monopoly emerges once informational asymmetry passes a threshold, and the result is lower total quantity and reduced economic efficiency.
  > monopoly appears when the informational asymmetry reaches a certain threshold, leading to a decrease in total quantity and economic efficiency.
  Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878
- [4900880-016](https://wulfkaal.github.io/claims/4900880-016) [mechanism/evidenced] -- In a quantum game model of a market with informational asymmetry between two firms, monopoly emerges once the informational asymmetry passes a threshold, and total quantity and economic efficiency fall as a result.
  > The model shows that monopoly appears when the informational asymmetry reaches a certain threshold, leading to a decrease in total quantity and economic efficiency.
  Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880

## 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/economic-efficiency.md | sha256sum

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