entity · derived
Efficiency
Derived node: assembled mechanically from the claims carrying efficiency. A roster, not an adjudicated definition.
Every claim under this term
- 1908473-017 : Contingent capital securities are likely to be more efficient than raising capital requirements, because the capital arrives only when it is needed.
- 1908473-036 : Contingent capital with increased voting rights delivers a more flexible and efficient outcome than Chapter 11, because it requires neither court involvement nor a threshold of creditor approval.
- 1908473-039 : Contingent capital is more efficient than prepackaged plans or preplan sales because it provides a resolution mechanism outside formal proceedings and free of their restrictions, since the Bankruptcy
- 1998455-009 : Installing contingent capital can be more efficient than raising capital requirements, because the capital injection becomes available only when it is needed and only enough securities convert to reca
- 2998033-023 : Because blockchain is transparent, verifiable, self authenticating and self enforcing, financial transactions can be executed instantaneously at near zero transaction cost, which raises efficiency for
- 3067615-001 : Initial Coin Offerings are the most efficient means of financing entrepreneurial initiatives in the history of capital formation, because they minimize transaction cost and democratize finance while d
- 3071378-032 : Eliminating bias-driven inefficiencies removes the associated diseconomies of scale and waste, estimated at around one trillion dollars annually in the existing centralized business infrastructure.
- 3071378-038 : Unlike traditional hierarchical organizations where face-time and unproductive meetings are the norm, the self-governing DAO token optimizer avoids corporate hierarchy inefficiencies and the bad outco
- 3249860-041 : Tokens experimenting with alternative consensus protocols typically change the transfer process in an effort to become more efficient.
- 3266953-039 : A decentralized network of DAOs is significantly more efficient than a centralized platform because the centralized intermediary fee, twenty five percent in Uber's case, can instead be shared between
- 3373393-002 : Blockchain technology produces a substantial increase in the efficiency of the agency relationship and lowers agency costs by orders of magnitude.
- 3373393-027 : The removal of checks and balances, agent monitoring, audit requirements, disclosure regimes, market pressure, and executive compensation schemes produces a qualitative shift in efficiency in the agen
- 3402701-023 : Determining what fraction of a currency is hot money is necessary for efficient defense of its stability, because the reserve requirement follows from that ratio rather than from a blanket full-backin
- 3402701-031 : When a fundamental shift in value occurs, repegging the currency at its more accurate value is more efficient than soldiering on with tax mechanisms to restabilize at the old peg.
- 3405401-005 : Smart contracts benefit business by simplifying and automating transactions, removing transaction costs, and creating certainty for counterparties, and they are inexpensive to run on a blockchain.
- 3405401-007 : The inherent mathematical logic of computerized code in smart contracts can clarify the parties' intent optimally, which increases certainty, creates efficiency, and thereby incentivizes commerce.
- 3409548-008 : In the Numerai model, using artificial intelligence to synthesize competing data scientist models into a meta model raises efficiency and improves capital allocation by reducing overhead costs.
- 3441904-009 : DAOs can be more productive than hierarchical organizations because their information allocation and feedback effects allow them to distribute the optimal amount of power to the optimal talent at the
- 3606663-027 : DeFi is more efficient than existing financial intermediation including FinTech, and that superior efficiency traces to its extensive reliance on code and automation, which removes large parts of the
- 3606663-032 : Because human interactions in business are often too complex to be fully codified objectively, DeFi systems that exclude all non objective information from their analysis do not fully utilize availabl
- 3709041-010 : Decentralism generates efficiency through higher levels of connectivity rather than through the linear cost cutting and economies of scale that capitalism and socialism debate.
- 3782191-001 : Centralized organization achieves efficiency through hierarchy: hierarchical structures let centrally organized entities allocate resources with minimal energy loss and identify and remove waste in th
- 3782191-025 : Hierarchical centralization is optimally efficient for making big decisions affecting an entire organization, which is why it has historically outcompeted every other organizational structure, whether
- 3782191-033 : Centralized organizations are more effective and efficient than decentralized ones at the singular task they were designed for, because an optimally centralized structure has no redundancy while decen
- 3782192-003 : Centralization is an optimal and natural evolutionary solution to most specific organizational problems, but only under static conditions, and competition is the most common driving force that produce
- 3782192-020 : Governing by transcendental values, ideals that everyone understands but no one can concretely attain, reduces members' motivation to probe the limits of acceptable behavior and therefore reduces the
- 3782192-025 : Advances in technology have given decentralized systems the efficiency they lacked in previous eras, the very deficiency that allowed them to be outcompeted by centralized systems; this is the book's
- 3782193-016 : Centralization is a powerful mechanism for rapidly building an efficient organization aimed at solving one specific problem, such as war in pre-unified China.
- 3782198-031 : Proof of work consensus is energetically wasteful because the entire global network redundantly computes wrong nonces, with the Bitcoin network consuming as much energy as the country of the Czech Rep
- 3782205-018 : Bitcoin proved that a decentralized digital representation of value is possible, but it is not efficient enough for wide use because the rest of a decentralized economic environment does not yet exist
- 3782205-020 : Ethereum will not be efficient until it operates inside a robust decentralized economy, and it will not last at all unless its governance is fixed.
- 3782210-003 : Strict legal enforcement is an inefficient remedy for opportunism because every unit of energy devoted to policing is energy that could instead have been used to cooperate productively.
- 3782210-036 : A meaningful reputational system with the potential for retrospective review would let a network rely on fewer nodes, since randomly selected nodes staking their reputation can do the polling work and
- 3782214-012 : The authors stipulate corruption in an organization as any action that benefits a minority at the greater expense of the group, and locate its source in power that is distributed inappropriately as me
- 3782217-005 : Where a DAO is automated around a single centralized point of failure, the work of decentralizing and giving members redundant power is wasted, because the point of failure functions as a supreme lead
- 3782220-003 : Efficiency is only meaningful relative to goals, and understanding goals is the same as understanding values, so maintaining a system's efficiency requires adherence to its values.
- 3808852-033 : Decentralization is not always efficient, because centralized economies of scale can create the near-optimal efficiencies for economic growth and decentralization may therefore result in the loss of e
- 3808867-006 : Decentralism generates efficiency through higher levels of connectivity rather than through the linear cost reduction mechanisms that capitalism and socialism debate.
- 3808867-032 : Because of its autocratic and efficiency focused tendencies, centralized algorithmic automation is prone to create structures for the evolution of dataism, which ultimately denies the value of human i
- 3808873-011 : Centralization follows an S curve: in the expansion phase the benefits of centralizing power, capital and control rise faster than its costs, but in the decline phase the rising costs of centralizatio
- 4529715-016 : Without clear and effective governance mechanisms, DAO decision-making becomes slow and inefficient, delaying important changes and the resolution of internal issues.