{
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 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/entanglement",
 "identifier": "kaal:entity:entanglement",
 "name": "Entanglement",
 "termCode": "entanglement",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/4900878-010",
   "identifier": "kaal:claim:4900878-010",
   "text": "Modeling entanglement explains collective phenomena such as herd behavior and market bubbles that classical economic theories struggle to account for, and it also illuminates how economic shocks propagate.",
   "abstract": "Incorporating entanglement into economic models can help explain the emergence of collective behaviors, such as herd behavior and market bubbles, which are difficult to account for using classical economic theories.",
   "citation": "Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878",
   "datePublished": "2024",
   "claim_type": "mechanism",
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/4900878-025",
   "identifier": "kaal:claim:4900878-025",
   "text": "Decentralized blockchain networks display an economic analogue of entanglement: a single participant's action, such as a large transaction, immediately propagates into token prices, network congestion, and the behavior of other participants.",
   "abstract": "For example, a large transaction by a single user can influence token prices, network congestion, and even the behavior of other participants.",
   "citation": "Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878",
   "datePublished": "2024",
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/4900878-030",
   "identifier": "kaal:claim:4900878-030",
   "text": "The zero space structure of smart contracts produces a form of quantum transaction entanglement, in which transactions execute instantaneously and uniformly across the network regardless of the physical distance between the wallets involved.",
   "abstract": "The zero-space structure of smart contracts in blockchain technology enables a form of quantum transaction entanglement.",
   "citation": "Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878",
   "datePublished": "2024",
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/4900880-002",
   "identifier": "kaal:claim:4900880-002",
   "text": "Because the states of economic agents are entangled, a change in one part of the economy can affect other parts instantaneously rather than through a traceable chain of transmission, producing a more interconnected and dynamic system than classical economics can describe.",
   "abstract": "This entanglement suggests that changes in one part of the economy can instantaneously affect other parts, leading to a more interconnected and dynamic system.",
   "citation": "Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880",
   "datePublished": "2024",
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/4900880-015",
   "identifier": "kaal:claim:4900880-015",
   "text": "Building entanglement into economic models supplies an explanation for collective behaviors such as herd behavior and market bubbles, which classical economic theories struggle to account for.",
   "abstract": "Incorporating entanglement into economic models can help explain the emergence of collective behaviors, such as herd behavior and market bubbles, which are difficult to account for using classical economic theories.",
   "citation": "Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880",
   "datePublished": "2024",
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 ],
 "description": "5 claims in the published works of Wulf A. Kaal carry the concept tag 'entanglement'. Derived node: a roster, not an adjudicated definition."
}