# Information quality `kaal:entity:information-quality` **Status.** derived This node is assembled mechanically from the 8 claims that carry the concept tag `information-quality`. 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 8 claims across 6 works, 2009 to 2021. **2009** - [1428387-032](https://wulfkaal.github.io/claims/1428387-032) [failure/argued] *(failure mode)* -- More disclosure does not always mean better governance, because the information provided may be hard to assess and evaluate. > More disclosure may not, however, always mean better governance if the information provided is hard to assess and evaluate. Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1428387 **2013** - [2267560-034](https://wulfkaal.github.io/claims/2267560-034) [mechanism/argued] -- Contractual incompleteness can be lowered through dynamic processes within the rulemaking process, because dynamic elements improve the availability, timeliness, and quality of information via the feedback process. > This paper suggests that contractual incompleteness can be lowered through dynamic processes within the rulemaking process in the incomplete contract model. Through the feedback process, dynamic elements help to improve the availability, timeliness, and quality of information. Wulf A. Kaal, Evolution of Law Dynamic Regulation in a New Institutional Economics Framework (2013). SSRN: https://ssrn.com/abstract=2267560 - [2273857-042](https://wulfkaal.github.io/claims/2273857-042) [design/argued] -- Increasing the availability of relevant information for rulemaking through a countercyclical and dynamic process is a starting point for improved rulemaking. > Increasing the availability of relevant information for rulemaking in a countercyclical and dynamic process could be a starting point for improved rulemaking. Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857 **2014** - [kaal-2014-dynamicregulationviagove-012](https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-012) [mechanism/argued] -- Interaction and exchange of emerging information between public and private rulemakers creates a feedback process that increases the availability, timeliness, and quality of information available to the public rulemaker. > Interaction between public rulemakers and private rulemakers, including the exchange of emerging information, creates a feed- back process between them that increases the availability, timeliness, and quality of information available to the public rulemaker. Kaal, Dynamic Regulation via Governmental Contracts (2014) - [kaal-2014-dynamicregulationviagove-031](https://wulfkaal.github.io/claims/kaal-2014-dynamicregulationviagove-031) [mechanism/argued] -- Feedback processes associated with governmental contracts lower contractual incompleteness, because they raise the availability, timeliness, and quality of information while lowering the cost of contracting. > Feedback processes associated with governmental contracts can lower contractual incompleteness because the feedback processes increase the degree of availability, timeliness, and quality of information and lower the cost of contracting. Kaal, Dynamic Regulation via Governmental Contracts (2014) **2021** - [3782191-017](https://wulfkaal.github.io/claims/3782191-017) [failure/argued] *(failure mode)* -- No guarantee exists in a decentralized system that the randomly generated information filtering in at the edges is accurate, as on Amazon and the internet generally where there is no real attempt to clean the data. > No guarantee exists in a decentralized system that the randomly-generated information is accurate. That is the case on Amazon and on the internet in general where there is no real attempt to clean the data. Craig Calcaterra, Wulf A. Kaal, Preface to (2021). SSRN: https://ssrn.com/abstract=3782191 - [3782191-018](https://wulfkaal.github.io/claims/3782191-018) [design/asserted] -- Future decentralized infrastructure products, such as a decentralized verification engine, need to be built to address the inaccuracy of randomly generated information in decentralized systems. > These are exactly the type of shortcomings future decentralized infrastructure products, such as a decentralized verification engine, need to address. Craig Calcaterra, Wulf A. Kaal, Preface to (2021). SSRN: https://ssrn.com/abstract=3782191 - [3782217-008](https://wulfkaal.github.io/claims/3782217-008) [mechanism/argued] -- A robust decentralized oracle finds better information because averaging across a crowd is typically better for complex situations, being less subject to the prejudices of individuals who hold more limited information, so overestimates and underestimates offset each other. > A robust decentralized oracle would find better information. The wisdom of the crowd can be employed to discover the truth. Averaging information is typically better for any complex situation, since they're less subject to the prejudices of the individual, who has more limited information. Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217 ## 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/information-quality.md | sha256sum **Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.